Australia's Spirit Technology Solutions climbs after collaboration deal with Cisco

Infotrust

28/07/2022 04:59

** Shares of Australian IT company Spirit Technology
Solutions  ST1.AX  rise as much as 17.9% to A$0.066, set to mark
best day since July 4, if gains hold
    ** Co enters into significant collaboration with U.S.-based
telecommunications giant Cisco  CSCO.O   urn:newsml:reuters.com:*:nASX41pHBJ
    ** Co says deal to enable "flexible communication and
collaboration for the modern workplace"
    ** More than 365,000 shares change hands, vs the 30-day
average volume of 1.7 mln shares
    ** Stocks down 76.2% this year, as of last close
    


 (Reporting by Rishav Chatterjee in Bengaluru)
 ((Riya.Sharma@thomsonreuters.com;))