Sumary of Why Codan, Flight Centre, Magellan, & Woolworths are sinking:
- A strong performance in the first half of FY 2021, new acquisitions, and its inclusion in the ASX 200 have helped drive its shares higher..
- Investors have been selling travel shares on Friday amid concerns over the rollout of COVID-19 vaccines across Australia..
- This follows the Government announcement that under 50s would not be receiving the Astra Zeneca vaccine due to blood clotting worries..
- MFG) The Magellan share price is down over 2% to $47.87 following the release of its funds under management update for March….