Australia's Live Verdure up as partner signs deal with HR-services provider

Decidr AI Industries

07/10/2024 04:01

** Shares of Live Verdure  LV1.AX  rise as much as 12.7% to
A$0.62, their biggest pct gain since Sept. 4 
    ** Stock currently up 9.1% to A$0.6 as of 0245 GMT
    ** Health, wellness, and skincare co says its strategic
partner Decidr.ai has signed an agreement with cloud-based human
resources services provider Elmo Software
    ** Says agreement is for development and integration of
AI-powered Decidr recruitment products that will be embedded
into Elmo's platform
    ** Says it is not possible to assess the financial
materiality of the deal on co at this time
    ** YTD, the stock has risen 51.9% as of 0245 GMT, compared
to a 7.9% gain in the broader ASX 200 benchmark  .AXJO 

 (Reporting by Sneha Kumar in Bengaluru)
 ((Sneha.Kumar@thomsonreuters.com;))