Australia's ION Video rises to 1-1/2-month high on potential collaboration with Meta, Alphabet

ION Video

14/04/2026 01:43

** Shares of ION Video IOV.AX rise as much as 40.9% to A$0.310, hitting their highest level since March 2

** Stock on track for a third consecutive session of gains, if current trend holds

** The infrastructure firm confirms it has engaged in initial talks with senior executives of Meta Platforms META.O and Alphabet GOOGL.O

** Adds that discussions regarding potential application of co's technology with global firms

** Stock up over 96% this year, including the day's move

 (Reporting by Rajasik Mukherjee in Bengaluru)

 ((Rajasik.Mukherjee@thomsonreuters.com))