Australia's Cluey drops to 3-week low on weak half-year results

Cluey

04/03/2025 02:17

** Shares of Cluey Ltd CLU.AX fall 3.4% to A$0.085, their lowest levels since February 11

** The edtech company posts that HY revenue was down 23% year-on-year

** Also reports gross profit margin of 57.8%, down 1% from last year

** Cluey stock on track for a third consecutive day of losses

** Stock up 88.9% YTD, including current session's moves

 (Reporting by Manasi Dasa in Bengaluru)

 ((Manasi.DasaSundeep@thomsonreuters.com;))