Why is the Myer share price rocketing 10% on Thursday?
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The Myer Holdings Ltd (ASX: MYR) share price is on fire today.
Shares in the S&P/ASX 300 Index (ASX: XKO) department store owner closed yesterday trading for 41 cents. In morning trade on Thursday, shares are changing hands for 45 cents apiece, up 9.8%.
For some context, the ASX 300 is up 0.6% at this same time.
Here’s what’s spurring investor interest today.
Myer share price surges on strong trading update
The ASX 300 department store is grabbing plenty of interest today amid the company’s annual general meeting (AGM).
Perhaps the biggest tailwind helping to lift the Myer share price today is the company’s trading update, covering the first 19 weeks of FY 2026.
Addressing the meeting, Myer…
