It was the biggest single-session fall since late February.
The door opens for rival brands to pick up those disgruntled.
Kiwis have been told to expect market volatility.
It dropped 3.3 percent, the biggest one day fall since March 2020.
"It would exacerbate the already very severe inflation situation we've got."
The Financial Markets Authority is taking two people to court, alleging insider trading on Pushpay shares occurred.
Has your KiwiSaver balance taken a hit this year?
It's an attempt to increase cooperation that could help minimise potential damage to financial markets and banks.
Emergence of the COVID-19 Omicron strain has caused the NZX 50 to open lower on Monday.
A class action claim has been filed in Australia's Supreme Court of Victoria against infant formula company a2 Milk.
A number of stocks are down.
How do Kiwis manage their money and what's their biggest success or failure?
"It just shows the power the Chinese Government has on private industry."
A Kiwi milk company's "fall from grace" might be over, as investors rush to buy shares.
That's a median capital gain of more than $166k for Kiwi homeowners over the last year.
After a hot start to the year, sales volumes have eased to 2019 levels and demand has cooled too.
Aotearoa is ranked the worst country in the OECD on four out of the five criteria.
Just one in 100 properties was bought for less than what it had previously been bought for.
The move comes nearly two months after Kiwi-founded Rocket Lab also went public.
An investment expert has warned the property market is starting to look "shakier" than it has been.
