ASX:PBH
ASX:PBHHospitality

BNK Banking Leads 3 ASX Penny Stocks To Consider

The Australian market has seen a mix of ups and downs recently, with notable events such as Qantas paying its first dividend in years and Coles showing consistent growth, even as the XJO remains below its February highs. In this context, investors might consider penny stocks—traditionally smaller or newer companies—as potential opportunities for growth. Despite the term's outdated feel, these stocks can still offer value when backed by strong financials and sound business models.
NYSE:RACE
NYSE:RACEAuto

Ferrari (NYSE:RACE) Completes US$3.1B Follow-on Offering with Underwriter Changes

Ferrari (NYSE:RACE) has recently completed a significant $3.15 billion follow-on equity offering, which likely bolstered investor confidence and contributed to the company's 11% share price increase over the last quarter. The offering was supported by a strong line-up of underwriters, enhancing market trust. During this period, Ferrari also reported strong Q4 2024 earnings, with sales of EUR 1,736 million and a net income of EUR 386 million, further enhancing the stock's appeal to investors...