Australia's Adslot set for best day in 4 weeks on new unit launch

Adslot

16/02/2024 02:58

** Shares of Adslot  ADS.AX  rise as much as 33.3% to
A$0.002, their highest level since Feb. 7
    ** Stock set for best day since Jan. 19
    ** Online services provider launches new subsidiary "br1dge"
for developing audience targeting technology similar to
third-party cookies online
    ** Co says Andrew Barlow to step down from board of Adslot
and become the new Chairman of "br1dge"
    ** Stock has fallen 25% this year as of last close

 (Reporting by Shivangi Lahiri in Bengaluru)
 ((shivangi.lahiri@thomsonreuters.com))