ASX Growth Shares
Why the Megaport (ASX:MP1) share price jumped 18% today
The Megaport Ltd (ASX:MP1) share price jumped 18% at the open of trading after returning to trade after its capital raising.
June 5, 2026
Big money is not in the buying or selling, but in the waiting.
For my own portfolio, I like to find ASX shares that are growing their dividends. Growth is an essential part of the dividend equation for me. I want to see that the dividend increases are funded by growing earnings and/or growing underlying asset values. I also have a portion of my portfolio invested in an ETF that picks undervalued global businesses with strong competitive advantages.
For Rask Media, I have an interest in covering technology (and tech-related) businesses with a global growth story, as well as cyclical companies that are cheaply priced because they’re at a low point in the cycle, such as retailers and resource businesses which could benefit strongly in the medium-term.
The Megaport Ltd (ASX:MP1) share price jumped 18% at the open of trading after returning to trade after its capital raising.
The Rio Tinto Ltd (ASX:RIO), Fortescue Ltd (ASX:FMG) and BHP Group Ltd (ASX:BHP) share prices are all down more than 3%.
The Pro Medicus Ltd (ASX:PME) share price is up more than 1% after revealing another impressive contract win.
The Commonwealth Bank of Australia (ASX:CBA) share price offers investors a solid dividend yield. But is it good enough to buy it today?
The Ampol Ltd (ASX:ALD) share price is up 2% after its EG Australia acquisition was finally approved by the ACCC.
The DroneShield Ltd (ASX:DRO) share price has risen more than 3% after announcing an exciting new US contract.
Owners of Corporate Travel Management Ltd (ASX:CTD) shares have received an update about its UK remediation and financial reporting.
The Pro Medicus Ltd (ASX:PME) share price has jumped 10% in response to positive contract wins and other updates.
ASX growth shares could be a wonderful opportunity to deliver strong returns because of much they could grow.
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