Articles On Marley Spoon (ASX:MMM)

Aussie shares sank to their lowest level since November 2020 as recession fears continued to batter financial markets. The S&P/ASX 200 dived 136 points or 2.07 per cent towards a sixth straight loss. Barring a miraculous afternoon re...

The end of the financial year is fast approaching, which means two things: it’s time to start getting your personal taxes in order and ASX shares may see some extra selling pressure. The S&P/ASX All Ordinaries Index (ASX: XAO) has wea...

The S&P/ASX All Ordinaries Index (ASX: XAO) is down 0.85% in late afternoon trading at 7,539 points. A bunch of ASX shares are falling with the benchmark to hit new 52-week lows — which begs the question, is this opportunity knocking?...

Global tech shares have been rocked in 2022 as equity markets test themselves against a morphing investment landscape. Whilst Australian benchmarks like the S&P/ASX 200 Index (ASX: XJO) have snapped back in the past month of trade, t...

Subscription-based models in eCommerce have exploded in recent years, which has been great for businesses in that they generate customer loyalty and create an ongoing revenue stream. However, some eCommerce businesses are struggling to crea...

Melbourne-based Make Out Meals is looking to take its unique spin on meal kit subscription services to more Australians after hitting the minimum target of $300,000 in its equity crowdfunding raise yesterday. While the company can still ra...

Upstreet, a fintech that rewards shoppers with fractional shares in the ASX, NYSE and NASDAQ listed companies, has raised $3 million in Seed-plus funding. The round was led by Wattle Hill Capital supported by new backers Kelly+Partners Inve...

Aiming to build brand loyalty through investment rewards, Sydney-based fintech Upstreet has secured $3 million in funding as it looks to add more brand partners to its platform, which already hosts the likes of Marley Spoon (ASX: MMM) and B...

Highlights Making a quick exit from a bad investment is as important as holding onto the right ones. Z1P, MMM and SZL are three ASX listed companies that have plunged over 80% from their respective 52-week highs. It’s imperative for a...

Key points Marley Spoon share price up 9% on strong revenue growth US and Aussie markets post strongest growth More supply chain volatility expected The Marley Spoon AG (ASX: MMM) share price is up 8.5% in afternoon trade to 70 cents pe...

The share market surrendered early gains as surging bond yields dampened the outlook for tonight’s US trade. The S&P/ASX 200 faded to a loss of 8.5 points or 0.11 per cent. Gains in select mining stocks were outweighed by declines in...

Aussie shares rose for a second day as gains in mining and tech stocks outweighed mild declines in the major banks. The S&P/ASX 200 advanced 14 points or 0.2 per cent by mid-session. Trading volumes were constrained by a US market ho...

My Foodie Box listed on ASX on Friday, making an impressive public debut with its shares closing up 25% on their first day of trade. The three-year-old subscription startup (ASX: MBX) raised $6 million at $0.20 per share, with the parent co...

Highlights  Australian direct-to-consumer brand company Marley Spoon announced to acquire Chefgood. The total purchase price is up to AU$21 million, along with additional earnouts of up to AU$5.6 million. MMM will pay up the amount in...

Hopes for a Santa Rally flared afresh after the share market overcame weak leads and a state record for Covid cases to log its biggest gain in almost two weeks. Ten of eleven sectors rose as the S&P/ASX 200 gained 63 points or 0.86 p...

German meal-kit giant Marley Spoon (ASX: MMM) is set to spend $21 million in order to acquire an Australian ready-meal maker called Chefgood, giving it exposure to a new customer segment. The deal will see Marley Spoon take full ownership...

The share market recouped the last of its omicron-inspired losses during its strongest session in two months. The S&P/ASX 200 climbed 91.5 points or 1.25 per cent to 7405, two points off where it sat when news of the new Covid varian...

Aussie shares pushed towards their longest winning run in four months as financial markets continued to claw back losses triggered by the emergence of the omicron Covid variant. The S&P/ASX 200 climbed 74 points or 1.02 per cent to i...

Sydney-based logistics startup Ofload has bagged $20 million in Series A raise that took less than four weeks. While existing backers such as  Maersk Growth, Global Founders Capital, Flash Ventures and Foundamental followed on from 2020’s $...

Shares in meal-kit service Marley Spoon AG (ASX: MMM) struggled through most of Wednesday, but came out on top after nudging past yesterday’s closing price. Marley Spoon shares started the day flat before trading as low as 80 cents during...

Highlights AMP shares rose as it retained the control of the AMP Capital Wholesale Office Fund. Silver Lake Resources dropped over 3% despite acquiring credit facilities. Emyria’s shares surged over 15% after it secured a AU$5-million...

Highlights The ASX 200 fell 0.4% by mid-session on Monday. Six of the 11 sectors traded lower, led by energy, financial and tech sectors. Market sentiment was dented by the resurgece of COVID-19 cases in the US and Europe. Flight Cen...

The ASX finished the day in the green and Ventia Service (ASX:VNT) defied the pattern of $1b+ floats underperforming by gaining 22% on its opening day. Also listing today was Cooper Metals (ASX:CPM) and it had a gain too, rising 10% today....

My Food Bag (ASX:MFB) fell by over 10% off the back of its half yearly results. Despite reporting a $9.4 million profit, which was up nearly 25% from the prior corresponding period, its revenue fell 6.5% compared to the year before. The com...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

AIC Mines (ASX:A1M) led a group of 30 stocks running hot this week, amid another spate of big mining hits, M&A deals and clean energy winners. Each week, Stockhead recaps ASX stocks that are “running hot” as deduced by the Relative Stre...

Losses in the industrial and energy sectors outweighed information technology gains leading to a -0.1% total decline for the ASX200 in October as Australian 10-year bond yields continued to climb. -ASX200 saw a marginal decline of -0.1% (to...

After a few weeks when the Hot Money column briefly turned into a ‘bizarro Viagold update’, the ASX put an end to that when it put the obscure rare earths play into suspension on October 15, pending “further enquiries”. This week a new lead...

Shares in meal kit delivery company Marley Spoon AG (ASX: MMM) took a brutal 30% dive yesterday after the company released its third quarter results for FY21. It’s been a wild ride for shareholders of Marley Spoon over the past year and a h...

After a positive Monday to Thursday, the ASX wiped out gains made across the week, losing more than 1% today The ASX followed a plunge on Wall Street with the ASX 200 closing at 7,324, which was 1.44% lower than yesterday’s close. While Wal...

The share market wiped out its gains for the month with a sharp final-day retreat as long-term interest rates surged and US equity futures slumped. The S&P/ASX 200 sank 107 points or 1.44 per cent to its heaviest loss since the start...

Highlights The ASX 200 declined 0.4% by mid-session on Friday. Barring healthcare, industrials and tech, all sectors were flashing in the red. PointsBet Holdings was the top loser, while Reece gained the most. Crown Resorts and ResMe...

Highlights Origin Energy shares fell over 1% despite posting solid earnings in the September quarter. ResMed shares jumped 8% on robust Q1 FY22 earnings report. Marley Spoon shares nosedived 34% after the firm downgraded its earnings...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to end the week on a disappointing note. At the time of writing, the benchmark index is down 0.7% to 7,378.9 points. Four ASX shares that are falling more than most toda...

The share market slid towards back-to-back losses for the first time in more than two weeks as long-term interest rates hit a two-and-a-half year high and earnings misses from Apple and Amazon dragged on US futures. The S&P/ASX 200 d...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

Highlights The pandemic period was quite a challenging period for most businesses. Many businesses experienced significant losses due to COVID-19 related challenges like lockdown, supply chain disruption etc. APX, PNV, MGX, AGL are th...

The S&P/ASX 200 Index (ASX: XJO) began to roll over in September, marking its first monthly decline since September last year. As you’d expect, many ASX shares cratered amidst the volatile market. Here are the 5 worst performing ASX s...

This month has not been kind to the Woolworths Group Ltd (ASX: WOW) share price. Shares in the supermarket giant have tumbled more than 6.5% since the start of September. By comparison, the broader S&P/ASX 200 Index (ASX: XJO) has dipp...

After 35 years of stockbroking for some of the biggest houses and investors in Australia and the UK, the Secret Broker is regaling Stockhead readers with his colourful war stories — from the trading floor to the dealer’s desk. Finally, this...

The Woolworths Group Ltd (ASX: WOW) share price has been struggling this week amid a series of company announcements. First off, the company released its 2021 sustainability report. Then, it sold its stake in Marley Spoon AG (ASX: MMM). Fi...

The Marley Spoon AG (ASX: MMM) share price continues to sink after strategic partner and substantial shareholder Woolworths Group Ltd (ASX: WOW) sold its 9.87% shareholding. Shares in Marley Spoon have fallen a further 4% in morning trade f...

Highlights  The ASX 200 closed marginally higher on Tuesday despite the Reserve Bank of Australia (RBA) announced its plans to start reducing the bond buying. The ASX 200 closed 0.02% higher at 7,530.30 after rallying towards the close...

After falling as much as 0.5% in the morning trade the ASX ultimately closed higher than yesterday. The ASX 200 closed at 7,530 points – 0.02% higher than yesterday – while the ASX Emerging Companies Index closed 0.55% higher at 2,474. Reso...

The Woolworths Limited (ASX: WOW) share price is trading slightly lower in today’s session. Shares in the supermarket giant have stalled after the company announced a change to its holdings. Let’s take a look at what Woolworths announced....

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) has bounced back from its intraday lows but is still in the red. At the time of writing, the benchmark index is down 0.15% to 7,517 points. Four ASX shares that are falling more than...

ShareCafeAustralia… One Hour In… ASX200 down 74 ASX200 down 24 points (0.3%) to 7504.   Reserve Bank interest rate decision due at 2.30pm.   Aussie Broadband (TH);  Trading Halt for $120m cap raising. Amcor (-1.1%); ex div 15.93c.  Trading...

The Marley Spoon AG (ASX: MMM) share price is under pressure on Monday and is trading notably lower. In morning trade, the meal kit delivery company’s shares are down 8% to $1.86. This means the Marley Spoon share price is now down 31% fro...

It was a busy night in capital markets for Woolworths on Monday night.

The Marley Spoon AG (ASX: MMM) share price has stumbled in early trade. Shares in the subscription-based meal-kit provider are trading lower after releasing its results for the first half of FY21 at the close of yesterday’s session. Let’s...