Australia's Motio sees best day in over 8 months on advertising, content license deal

Motio

04/11/2021 02:09

** Australia-based digital marketing and media company Motio
Ltd  MXO.AX  gains as much as 27.9% to A$0.110, on track for
their best session since Feb. 22
    ** Co announces signing of a four-year advertising and
content license deal with Australia-based IPN Medical Centres
Pty Ltd  urn:newsml:reuters.com:*:nASX8WtdVH
    ** Says co will roll out 150 digital displays for audience
engagement and centralised communication
    ** Stock hits highest level since July 5
    ** More than 1.4 mln shares change hands in the busiest day
since Oct. 15, compared with their 30-day average of about
300,000 shares
    ** MXO stock up 6.2% this year, as of last close

 (Reporting by Jaskiran Singh in Bengaluru)
 ((Jaskiran.Singh@thomsonreuters.com))