Australia's Stakk hits 2-month high on winning US FBI contract

Stakk

29/09/2026 04:41

** Shares of Stakk SKK.AX rise as much as 61.1% to A$0.029, their highest level since July 16
** On track to clock stock's best session since late September 2025
** Digital trust technology firm secures contract delivering signature verification capabilities for use by the US FBI through its wholly owned subsidiary ParaScript
** Commercial terms and underlying FBI project remain confidential
** Deal is expected to contribute meaningfully to full-year revenue target  - co
** About 200.9 million shares traded so far, almost 12x the 30-day avg 
** Stock down about 18% YTD, including the session's moves
     

(Reporting by Anjali Singh in Bengaluru)
((anjali.singh2@thomsonreuters.com; ))