Why Liontown, Northern Star and Telstra shares are turning heads on Monday

Telstra, Northern Star, and Liontown shares are grabbing headlines on Monday. But why?

Liontown Resources Ltd (ASX: LTR), Northern Star Resources Ltd (ASX: NST), and Telstra Group Ltd (ASX: TLS) shares are creating a stir today.

In morning trade on Monday, two of the big-name ASX shares are outperforming the S&P/ASX 200 Index (ASX: XJO) 's 0.2% losses at this time, while one is trailing.

Here's what's grabbing investor attention.

A young woman holds her hand to her ear and leans sideways as if to listen to something that's surprising her as her eyes and her mouth are wide open.

Image source: Getty Images

Telstra shares in the green amid board shakeup

Telstra shares are up 0.6% today, trading for $4.64 apiece.

Investors are tuning into the ASX 200 telco today after the company reported that Bridget Loudon-Harris will step down from the Telstra board on 13 October after six years as a director.

Loudon-Harris has served as a member of Telstra's People and Remuneration Committee since October 2022.

Commenting on the positive impact Loudon-Harris has had in helping to support Telstra shares, chairman Craig Dunn said:

The board has benefited greatly from Bridget's valuable insights and constructive challenge across strategy, disruption, AI, transformation and performance culture. Having an entrepreneur and digital native around the table has allowed us to bring a diverse and very important perspective to the board.

Liontown shares jump on record revenue

Like Telstra shares, Liontown shares are outperforming today, up 2.1% and changing hands for $1.22 apiece.

This follows the release of the ASX 200 lithium miner's full-year FY 2026 results.

Over the year, Liontown produced 391,992 dry metric tonnes (dmt) and shipped 381,997 dmt of lithium concentrate at (5.1% Li₂O average grade).

And FY 2026 saw Liontown record its first-ever net profit after tax (NPAT), which came in at $93 million. The company reported record revenue of $639 million, up 114% from FY 2025.

Importantly, FY 2026 also saw Liontown transition its Kathleen Valley lithium project into a 100% underground operation.

Liontown CEO Tony Ottaviano commented:

The market handed us two very different halves in the year. Prices were weak early, so we kept costs tight and preserved cash. When the market turned, we backed our own read of it and we are now reinvesting in Kathleen Valley with the same discipline.

Northern Star shares slide amid top leadership changes

Joining Liontown and Telstra shares in turning heads today, we find Northern Star.

Shares in the ASX 200 gold mining giant are down 3.9% at the time of writing, trading for $23.82 apiece, pressured in part by a sliding gold price.

This morning, Northern Star also reported that, as previously revealed, Suresh Vadnagra will succeed Stuart Tonkin as managing director and CEO commencing on 5 October.

Tonkin stepped down as Northern Star's managing director and CEO on Friday, 28 August. Ryan Gurner, who has worked alongside Turner as deputy CEO since 2 July, will serve as interim CEO until Vadnagra takes the reins in October.

Commenting on Tonkin's departure, Northern Star chairman Michael Chaney said:

Through his financial acumen, integrity and leadership, Ryan has made a significant contribution to Northern Star's growth and success over his eleven years with the Company, a period marked by substantial value creation.

Motley Fool contributor Bernd Struben has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has positions in and has recommended Telstra Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

More on ASX Share Market News

An ASX investor relaxes on her couch as the Harvey Norman share price drops due to the shares trading ex-dividend from today.
Share Gainers

Here are the top 10 ASX 200 shares today

The ASX managed to pull a rabbit out of the hat today.

Read more »

Shot of a young businesswoman looking stressed out while working in an office.
Broker Notes

6 ASX stocks receiving analyst downgrades this week

Brokers reduced their ratings on NextDC, Ampol, Regis Resources, and other stocks this week. 

Read more »

Facebook thumbs up symbol surrounded by boxes with the word 'Like'.
Broker Notes

6 ASX stocks upgraded by leading brokers this week

Brokers have raised their ratings on Pro Medicus, South32, New Hope, and others. 

Read more »

Buy now written on a red key with a shopping trolley on an Apple keyboard.
Broker Notes

6 ASX shares experts are backing amid the market downturn

Brokers maintained a positive view on Qantas, NAB, Maas Group, BHP, and other shares.

Read more »

Two woman holding a tablet and clipboard examine a server rack in a data centre.
ASX Share Market News

Data centre disasters: Why you should think twice before buying Maas Group and NextDC shares

Can these fallen ASX shares bounce back and double from here, or will they keep deteriorating?

Read more »

Two work colleagues looking at a laptop and discussing something.
Broker Notes

Should you buy Hub24, Northern Star, and Transurban shares?

Morgans has given its verdict on these shares. Is it time to buy? Let's find out.

Read more »

Man and woman holding a tablet and clipboard while looking at the backside of server racks in a data centre.
Broker Notes

Buy, hold, sell: Sigma, Cliunvel, and NextDC shares

Let's see how analysts rate these shares this week.

Read more »

AI microprocessor on motherboard computer circuit.
Broker Notes

Xero or hero? UBS predicts the latter with huge upside for the accounting stock

AI is not all doom and gloom for this accounting software provider.

Read more »