Why Insignia, Light & Wonder, Mesoblast, and Woodside shares are racing higher today

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is out of form and sinking into the red. The benchmark index is currently down 0.8% to 8,142.4 points.

Four ASX shares that are not letting that hold them back are listed below. Here’s why they are rising:

Insignia…