New Zealand's Serko surges on upbeat FY results

Serko

30/04/2024 03:37

** Shares of Serko  SKO.NZ  rise as much as 22.1% to
NZ$3.870, their biggest intraday pct gain since mid-May 2023
    ** Stock set to snap five straight sessions of decline
    ** Online travel booking platform operator posts full year
total income of NZ$71 mln ($42.3 mln), up 48% YoY
    ** Adds it has renewed its partnership with Booking.com for
five years
    ** More than 1 mln shares change hands, compared with the
30-day average volume of 119,144
    ** Stock down 21.7% YTD, based on last close


($1 = 1.6781 New Zealand dollars)

 (Reporting by Aaditya Govind Rao in Bengaluru)
 ((Aaditya.govindrao@thomsonreuters.com;))