🟢 Megaport is trading 11.5% up today as investors continue buying back after the sharp July 29 pullback

Megaport is trading 11.5% up at A$18.10 as investors continue buying back after the sharp July 29 pullback.

• The move extends the July 31 rebound, when the stock traded 10.23% higher at A$17.89.
• Investors are reversing profit-taking despite no new negative company news, suggesting a sentiment-driven recovery.
• The price action highlights a bounce-back in the volatile name following significant selling pressure earlier in the week.