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Boss Energy Shares Plunge 44% Amid CEO Resignation

8/4/2025

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Summary

Story summary

Boss Energy's share price fell sharply from $4.60 to $1.70, erasing over $600 million in market value.
Disappointing FY26 guidance highlighted challenges at the Honeymoon Uranium Operation.
CEO Duncan Craib's resignation heightened investor anxiety, contributing to a 44% share price drop.
Short sellers capitalized on the decline, reportedly earning around $73.75 million.

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Story summary

Boss Energy's share price fell sharply from $4.60 to $1.70, erasing over $600 million in market value.
Disappointing FY26 guidance highlighted challenges at the Honeymoon Uranium Operation.
CEO Duncan Craib's resignation heightened investor anxiety, contributing to a 44% share price drop.
Short sellers capitalized on the decline, reportedly earning around $73.75 million.