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$625.2m
- 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 5.2% on 26 Aug 2026?
Polynovo
A substantial holder ceased their position in PolyNovo, signalling a large institutional seller exiting the stock and triggering a sell-off.
The 24 August 'ceasing to be a substantial holder' announcement is the most specific negative catalyst in the evidence window — institutional exits at this scale routinely pressure smaller-cap healthcare stocks. The Kalkine article published on the morning of the move (05:01 UTC, 26 Aug) explicitly references a 'share price slide', suggesting the market was digesting this news. The health sector index fell only -0.89% (below threshold), so broad sector selling explains only a minor portion of the -5.19% move, making the stake change the most likely primary driver.
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
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