ASX-listed Mesoblast's shares tank 10% on widening annual loss

Mesoblast

29/08/2025 02:18

** ASX-listed shares of Mesoblast MSB.AX down 9.5% to A$2.19, their lowest level since mid-July 2025

** Stock fell as much as 12.8% to A$2.110, marking their biggest intraday pct drop since Dec. 20, 2024

** MSB among top losers in the ASX200 benchmark index .AXJO

** Posts FY25 net loss of $102.1 million, wider than the Visible Alpha consensus of $78.2 million and last year's $88 million

** MSB down 30% this year, including the day's move

(Reporting by Sameer Manekar in Bengaluru)

((Sameer.Manekar@thomsonreuters.com))