Life360's ASX-listed shares slip as CEO cuts stake

Life360

17/11/2024 23:54

** Life360's Australia-listed shares  360.AX  fall as much
as 8.5% to A$20.82, heading for their worst session since early
September - if current losses hold
    ** Stock third-biggest loser on the benchmark ASX 200 index
 .AXJO  
    ** Technology platform provider says CEO Chris Hulls has
sold part of his stake in co
    ** Sale amounted to 1.2% of total outstanding shares in co
    ** Hulls has about a 3.8% stake in Life360 after the sale
    ** Stock hits lowest level since Oct. 14
    ** Stock up about 181% YTD, including current session's
moves, lagging behind an 8.8% gain on the ASX 200 index

 (Reporting by Nikita Maria Jino in Bengaluru)
 ((Nikita.Jino@thomsonreuters.com;))