CSL Ltd 90 day review and financial update

11 May 2026

CSL Ltd (CSL: ASX) shares are being hammered after the Australian biotech released another painful update to the market, with the stock closing down 16% at A$100.75, having fallen as much as 20%.

The company today provided an update on its fiscal year 2026 outlook, additional pre-tax asset impairments and the progress of strategic initiatives to drive the company’s next phase of growth.

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