Domino’s Pizza share price rips 12% on trading update
The Domino’s Pizza Enterprises Ltd (ASX: DMP) share price rose 11.6% on Thursday to an intra-day high of $21.44.
That was a four-month high for the beleaguered ASX 200 consumer discretionary share.
The strong gain follows a trading update delivered at the company’s annual general meeting (AGM) yesterday.
The AGM presentation was released shortly before the market close on Wednesday, so the impact wasn’t seen on the shares until today.
Let’s find out what was said.
Domino’s Pizza shares fly on Thursday
Domino’s Pizza shares finished the session 11.65% higher at $21.46 on Thursday.
This made Domino’s the second fastest riser within the S&P/ASX 200 Index (ASX: XJO) today, behind lithium miner IGO Ltd (ASX: IGO).
At the AGM, the…
