U.S.-listed Wisekey jumps on AI platform stake sale

Wisekey International Holding AG

25/04/2022 19:06

** Wisekey  WKEY.O  U.S.-listed shares up 7.79% at $2.15, on
pace for biggest daily pct gain since April 1
    ** The Swiss-based e-security company announced the sale of
its 51% stake in German AI Platform company ARAGO to investor
consortium led by platform's founder for EUR 25.5 mln
 urn:newsml:reuters.com:*:nASM0008S1
    ** WKEY shares earlier climbed to $2.66, highest level since
April 5  urn:newsml:reuters.com:*:nASM0007S2
    ** On April 14, WKEY posted FY revenue rose 51% to $22.3 mln
    ** Volume of 5,382,049 marks most active trading day since
Aug 30, 2021

 (Reporting by Chuck Mikolajczak)
 ((charles.mikolajczak@tr.com; @ChuckMik;))