Australia's Diverger rises to 2-month high on positive FY23 outlook

Diverger

11/11/2022 01:48

** Shares of Diverger Ltd  DVR.AX  rise as much as 5% to
A$1.05, their highest since Sept 13
    ** The investment manager says it is confident FY23 will be
another year of earnings growth  urn:newsml:reuters.com:*:nASX32BfBC
    ** Stock posts its biggest intraday pct gain since Sept 28
    ** More than 47,892 shares change hands, double the 30-day
average volume
    ** Diverger stock down 9.1% this year, as of last close
 (Reporting by Poonam Behura in Bengaluru)
 ((Poonam.Behura@thomsonreuters.com;))