Australia's Pepper Money rises on upgraded profit forecast
25/11/2021 04:42
** Shares of mortgage lending co Pepper Money PPM.AX climb
as much as 9.1% to A$2.40, set for their best day since June 2
** Co raises its outlook for CY2021 pro-forma net profit to
between A$135 mln ($97.23 mln) and A$138 mln from previously
guided A$120 mln urn:newsml:reuters.com:*:nASX5mw3YD
** Shares hit their highest since Nov. 11
** As of last close, stock down 15.7% since its debut in May
($1 = 1.3885 Australian dollars)
(Reporting by Himanshi Akhand in Bengaluru)
((Himanshi.Akhand@thomsonreuters.com;))