In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to start the week with a small gain. At the time of writing, the benchmark index is up slightly to 6,988.6 points.
Four ASX shares that are climbing more than most today are listed below. Here's why they are pushing higher:
Airtasker Ltd (ASX: ART)
The Airtasker share price is up 15% to 73.5 cents following the release of its second quarter update. That update revealed that its gross marketplace volume (GMV) rose 39% quarter on quarter to $48.6 million. Pleasingly, management appears confident its strong form can continue and has upgraded its second half guidance. It now expects second half GMV of $107 million to $110 million, up from $105 million previously.
ARB Corporation Limited (ASX: ARB)
The ARB share price has jumped 9% to $46.70. This follows the release of a first half trading update from the 4×4 parts manufacturer. ARB advised that it achieved unaudited sales revenue of $359 million for the half, representing growth of 26.5%. On the bottom line, the company expects to report a profit before tax of $90 million to $92 million.
Bubs Australia Ltd (ASX: BUB)
The Bubs share price is up 6% to 47.2 cents. Investors have been buying this infant formula company's shares following the release of its second quarter update. That update revealed a strong rebound in daigou sales, which underpinned an 8% quarter on quarter and 56% year on year increase in quarterly sales revenue to $19.9 million.
Sezzle Inc (ASX: SZL)
The Sezzle share price is up 5% to $2.46. This follows the release of the buy now pay later provider's fourth quarter update. Sezzle reported underlying merchant sales (UMS) growth of 74.9% to US$561 million (A$772.2 million). This was driven by a 76% increase in active merchants to 47,000 and a 51.5% jump in active customers to 3.4 million.
