Seven, Nine shares rally despite Seven’s poor numbers

February 12, 2025 10:30

Nine Entertainment’s share price on the ASX rose dramatically on Tuesday, following reports of Seven West Media’s (SWM) poor H1 FY25 performance. SWM itself also received a 6% bump, indicating that the market liked what it heard despite record low profits and poor earnings.

Although it is not clear exactly what sparked Nine’s 14% jump in Tuesday’s trading, it may be related to indications given on the Seven results call that ad spending is bottoming out.

Nine’s share on Tuesday afternoon

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Lauren McNamara

Lauren McNamara is a freelance journalist. She previously spent three years at Mumbrella, most recently as the associate editor. She left her staff role in August 2025.