Australia's CurveBeam AI rises as co fears no material impact from US tariffs

Curvebeam AI

08/04/2025 03:18

** Shares of CurveBeam AI CVB.AX rise as much as 6.8% to A$0.094, their biggest intraday pct gain since March 31

** The medical equipment manufacturer says that it expects no material impact from tariffs announced by U.S. President Donald Trump

** Co highlights that it conducts majority of its manufacturing activities within the U.S.

** Shares of co fell 16.2% on Monday, in line with the markets sell-off seen globally amid recession fears

** Shares of CurveBeam down 31.1%, YTD

 (Reporting by Nichiket Sunil in Bengaluru)

 ((Nichiket.Sunil@thomsonreuters.com;))