Australia's MoneyMe up on positive quarterly results
07/11/2024 02:33
** Shares of MoneyMe MME.AX rise as much as 15.9% to A$0.128,
their biggest intraday gain since Oct. 22
** Consumer finance co says its loan originations increased 62%
on 1Q25
** Says net credit losses decreased to 3.8% for 1Q25
** Stock hits highest level since Oct. 29
** About 1.7 mln shares trade vs 30-day average of 862,015
** MME up 53.6% YTD
(Reporting by Adwitiya Srivastava in Bengaluru)
((mailto:Adwitiya.Srivastava@thomsonreuters.com;))