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andrew walsh

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  • Iress shares tank following profit downgrade attributed to challenging economic environment
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  • Iress shares tank following profit downgrade attributed to challenging economic environment
    • News

    Iress shares tank following profit downgrade attributed to challenging economic environment

    Amid rising interest rates to counter inflation, investors have been keeping their powder dry which has prompted share market data company Iress (ASX: IRE) to issue a profit downgrade as a result of reduced trading activity across the investor community. Defined by the company as “challenging macro conditions”, Iress has also cited supplier expenses that

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