Australia's Nuheara hits near 16-month low as Q1 product revenue slumps
27/10/2021 03:25
** Shares of Nuheara Ltd NUH.AX fall as much as 8.3% to
A$0.022, their lowest since July 10, 2020
** Audio-wearables maker posts Q1FY22 invoiced product
revenue of A$1.2 mln, down 35% from a year earlier urn:newsml:reuters.com:*:nGLF1bK0FK
** Stock marks its steepest intraday pct fall since Oct. 14
** At 8.5 mln shares, volumes 3.1 times the 30-day average
of 2.8 mln shares
** As of last close, stock had halved in value this year
(Reporting by Himanshi Akhand in Bengaluru)
((Himanshi.Akhand@thomsonreuters.com;))