Australia's Playside Studios hits 4-1/2-month high on contract extension with Facebook unit

Playfair Mining

22/09/2021 02:32

** Australia's largest publicly-listed video games developer
Playside Studios Ltd  PLY.AX  gains as much as 10.5% to A$0.42, 
its biggest intraday pct gain since May 7
    ** Co says it extended and expanded its agreement with
Facebook Technologies, an unit of Facebook Inc​  FB.O , to
deliver between 10 and 16 quality mini games for another six
months  urn:newsml:reuters.com:*:nFWN2QN0LA
    ** PLY says contract value has increased by 90% from the
original contract
    ** About 293,000 shares change hands, compared with the
30-day average volume of about 253,000 shares
    ** Playside stock down 17.4% this year, as of last close
       

 (Reporting by Aditya Munjuluru in Bengaluru)
 ((aditya.srivastsav@thomsonreuters.com))