Verb Technology rises after signing multi-year deal with Phoenix Suns

Ton Strategy

28/03/2022 19:30

** Shares of software-as-a-service firm  VERB.O  rise as
much as ~8% to a two-week high of $1.10; last up 7.3%
    ** Co enters into a partnership with the Arizona-based team
Phoenix Suns of the National Basketball Association (NBA)
 urn:newsml:reuters.com:*:nGNX9cM92j
    ** VERB signs Phoenix Suns in a multi-year deal to provide
interactive video technology 
    ** Co adds this partnership will help drive ticket,
merchandise sales and engage with Suns' fans through
interactive, shoppable digital content
    ** Stock down ~11% this year

 (Reporting by Ananya Mariam Rajesh in Bengaluru)
 ((AnanyaMariam.Rajesh@thomsonreuters.com))