Are Netwealth shares a buy?
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Netwealth Group Ltd (ASX: NWL) shares tumbled 4% yesterday, finishing Monday’s trading at $31.21.
Despite the drop, Netwealth shares remain up almost 14% over the last year.
Netwealth is a financial services and technology company. It provides a wide range of products and services to the Australian financial investment industry, including cloud-based investment administration software as a service (SaaS), a retail superannuation fund, and an administration business.
The stock price for Netwealth shares has fluctuated over the past 6 months. It rose on the back of strong FY25 results.
However, following a strong month in August, it tumbled 15% during September.
When shares experience this kind of…
