Australia's MedAdvisor drops to 7-week low on downbeat HY outlook

Adheris Health

20/12/2024 01:25

** MedAdvisor  MDR.AX  drops as much as 24.1% to A$0.205,
lowest since Oct. 31
    ** Medical software co sees group's H1 FY25 rev 25%-30%
below the record $75.5 mln in 1H FY24 on lower-than-expected
vaccination rates
    ** Stock posts biggest intraday pct fall since Oct. 31
    ** Around 1.1 mln shares traded vs the 30-day avg of 614,572
    ** Stock rises 25.6% this year, as of last close

 (Reporting by Nichiket Sunil in Bengaluru)
 ((Nichiket.Sunil@thomsonreuters.com))