Tabcorp (OTCMKTS:TACBY) Shares Down 12% – Here’s What Happened

Tabcorp Holdings Limited (OTCMKTS:TACBY – Get Free Report)’s share price fell 12% during trading on Wednesday. The stock traded as low as $0.75 and last traded at $0.75. 1,700 shares were traded during mid-day trading, an increase of 130% from the average daily volume of 740 shares. The stock had previously closed at $0.8520.

Tabcorp Price Performance

The business has a 50 day simple moving average of $0.75 and a two-hundred day simple moving average of $0.75.

Tabcorp Company Profile

(Get Free Report)

Tabcorp Holdings Limited is an Australian gambling and wagering company whose ordinary shares trade on the Australian Securities Exchange under the symbol TAH and whose American depositary securities trade over the counter under the symbol TACBY. The company provides wagering, racing media and gaming services to customers and licensed venues across Australia.

Its wagering business operates under the TAB brand, offering pari-mutuel and fixed-odds betting on thoroughbred, harness and greyhound racing, as well as selected sporting events.

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