Markets · ✓ 2 outlets
Gentrack jumps 6% after Yarra Capital discloses a 5.1% stake
Gentrack rose 6% to $3.88 on Tuesday after Yarra Capital Management disclosed a 5.1% stake, making it the top gainer on the NZX 50, while Serko fell 4% to $1.21 (NBR, interest.co.nz).
A substantial shareholder notice shows a large investor building a position.
Few households own either directly, but KiwiSaver funds may.
One day's move says little; watch for further holder notices.
DailyDrop New Zealand edition No. 3 · Morning · WED., OCT. 7, 2026