Polynovo (PNV) is held by 5 ASX ETFs. Over the last 3 months it fell 10.7%: on $10,000, −$1073. We explain 3 big moves in that time.
About PNV
- SectorHealth Care
- IndustryHealth Care Equipment & Services
- Size$656.3m
- Held by5 ETFs
- Big moves3 in 3M
Each dot is a move we explain. Tap one, or a row of Why it moved, to see what caused it.
Why it moved
- +2.5%peak +16.4%27 Aug 2026· Earnings Beat
PolyNovo shares rebounded after investors digested the FY26 results webinar recording released the prior day, with the market reassessing the initial negative reaction to the results presentation.
- −5.2%peak −12.1%26 Aug 2026· Stake Change
A substantial holder ceased their position in PolyNovo, signalling a large institutional seller exiting the stock and triggering a sell-off.
- −2.6%peak −7.4%23 Jul 2026· Earnings Miss
PolyNovo's FY26 trading update disappointed investors despite reporting $150M in annual group revenue, triggering a sell-off as the market judged the result or outlook as below expectations.
Held by 5 ETFs
Of every $10,000 in each fund, how much is in PNV today.
Why did PNV fall 2.6% on 23 Jul 2026?
Polynovo
PolyNovo's FY26 trading update disappointed investors despite reporting $150M in annual group revenue, triggering a sell-off as the market judged the result or outlook as below expectations.
The market-sensitive FY26 Trading Update released at 22:30 UTC on July 22 — just hours before the price drop was detected — is the clear primary driver, as the timing aligns almost perfectly with the move. The headline revenue milestone of $150M was not enough to satisfy the market, consistent with the Kalkine article questioning whether the drop represents an overreaction to EPS growth, suggesting the announcement contained guidance or margin detail that missed expectations. The broader healthcare sector was also slightly weak (-1.0%), but its move was well within normal range and insufficient to explain a 2.2x ATR decline on its own.
Written by a language model from the evidence below, and it can be wrong. Tell us and we will fix or remove it. General information only, not financial product advice. It does not consider your objectives, finances or needs. Past performance is not a guide to future performance.
Evidence
Company announcements
News coverage
Sector / macro signals
What it did to the 5 ETFs holding PNV
On $10,000 in each fund, at the weight it holds today