Australia's Brainchip Holdings top loser in ASX 200 as CEO flags lacklustre sales

Brainchip Holdings

23/05/2023 03:48

** Shares of Brainchip Holdings  BRN.AX  slip as much as
16.2% to A$0.428, their sharpest intraday pct drop since April
28 
    ** The software solutions provider is top loser in the ASX
200 index  .AXJO 
    ** Chief Executive Officer Sean Hehir says at co's annual
meeting that he is "not satisfied with the sales results to
date" 
    ** Says "while sales result are not yet" with co's new
product development along with other changes will improve
results 
    ** Stock hits its lowest since May 18
    ** BRN stock down 31.5% this year, as of last close 
    


 (Reporting by Navya Mittal in Bengaluru)
 ((navya.mittal@thomsonreuters.com))