Australia's Firstwave Cloud Technology soars on partnership with Amazon Web Services

Firstwave Cloud Technology

10/06/2025 03:49

** Shares of Firstwave Cloud Technology FCT.AX rise 23.1% to A$0.016, set for their best day since April 10

** Tech co's stock rose as much as 38.5% earlier in the session to hit its highest since May 19

** Co enters strategic partnership with Amazon Web Services and U.S.-based Corent Technology

** Says partnership to develop and deploy co's product suite on AWS Marketplace

** About 3.2 million shares change hand in their busiest day since August 2024

** Stock down ~30% this year, including day's move

 (Reporting by John Biju in Bengaluru)

 ((John.Biju@thomsonreuters.com;))