IPH Shares Drop 3.2% Amid CFO Resignation Announcement

Wed 12 Mar 25, 01:37 AM | Team Kalkine

Image source: Shutterstock

Highlights

Shares of Australian intellectual property services provider IPH Ltd (ASX:IPH) took a significant hit on Tuesday following the resignation announcement of its long-serving Chief Financial Officer (CFO) John Wadley. The stock fell 3.2% to AU$4.55, marking its lowest level since early July 2018 and making it one of the biggest losers on the ASX 200 Index.

The decline extended the company’s losing streak to seven consecutive sessions, with shares dropping as much as 4% earlier in the day—the steepest intraday loss since 25 February 2025. So far in 2025, the stock has fallen by 9.5%, including the latest decline.

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