Plenti Group posts record jump on National Australia Bank partnership

Plenti

28/11/2023 24:39

** Shares of Australia's Plenti Group  PLT.AX  soar as much
as 117.7% to A$0.740, their highest level since Aug 22, 2022
    ** Stock currently up 104.4%, sees best day ever if current
gains hold
    ** Lending and investment firm partners with National
Australia Bank  NAB.AX  to launch car and electric vehicle loan
    ** Co expects loan facility to be launched in 1HCY24
    ** More than 560,916 shares change hands, 14.3x the 30-day
average volume of 39,218 shares
    ** Stock has fallen 26.9% this year as of last close

 (Reporting by Shivangi Lahiri in Bengaluru)
 ((Shivangi.Lahiri@thomsonreuters.com;))