NZ shares dip on Facebook woes
Matthew Goodson is quoted in Scoop commenting on NZ shares falling off the back of Facebook's result.
"The Facebook result after the market closed in the US really dragged down some of these very high multiple growth-type names," said Matt Goodson, managing director at Salt Funds Management. "The New Zealand market is in that period of school holidays cautiously coming to an end and ahead of the results season."