Date of inclusion: 17 March 2021
Share price on inclusion: $18.11
Date of exclusion: 6 May 2021
Share price on exclusion: $11.63
Reason for exclusion: CEO is flagging increasing competition
Surprising that management would mention this at a conference
On Thursday morning, 6 May at the Macquarie Australia Conference, CEO Mark Brayan flagged that Appen is experiencing increasing competition from smaller competitors that are increasingly well-funded. He called it “maturing com...