The All Ordinaries Index (ASX: XAO) is enjoying another day of big gains today, up 1.5% at the time of writing.
But 2 ASX All Ords shares are running far hotter than that.
This ASX All Ords share is up 18%
Online luxury goods retailer Cettire Ltd (ASX: CTT) is soaring today, hitting an intraday high of $1.78, up 19.5%.
Cettire offers some 200,000 products on its website, representing more than 1,700 high-end brands.
We’ve heard no price-sensitive news out of Cettire since 7 February, when the company announced its China launch.
Cettire shares closed yesterday at $1.49 and are currently trading for $1.67. This is a welcome turnaround for ASX investors who have watched this All Ords share slide 54% over the past 6 months.
That slide continued despite some strong half-year results from Cettire, reported on 3 February. Those results included a 181% lift in sales revenue compared to the prior corresponding period, with sales reaching $114 million.
Also charging higher…
Our second ASX All Ords share leaping today is the cloud platform service provider, Dubber Corp Ltd (ASX: DUB).
The Dubber share price hit an intraday high of $1.38 in earlier trading, up 16%.
Dubber shares closed yesterday at $1.19 and are currently trading for $1.34.
As with Cettire, Dubber has also taken a beating over the past 6 months. Its shares are down 66% despite today’s big lift.