Allegiance Coal Ltd (ASX:AHQ) and Suncorp Group Ltd (ASX:SUN) shares are two of four sinking on Tuesday...
The WiseTech share price is down over 5% to $44.80. As well as being hit by weakness in the tech sector, the logistics solutions software companyโs shares were dealt a blow from Macquarie this morning. In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to record a disappointing decline. The Allegiance Coal share price is down a massive 66% to 18.5 cents. This was an increase of 11.8% year on year, but down 4% quarter on quarter. Hub24 revealed that it finished the period with funds under administration (FUA) of $65.6 billion. In order to keep the lights on, the company has established a $5 million equity facility.