Australia's Xamble at 21-week high on investment by 7-Eleven Malaysia's unit

Xamble

13/12/2024 24:29

** Xamble  XGL.AX  soars as much as 50% to A$0.03, highest
since July 17
    ** Influencer marketing platform secures A$1.5 mln
($955,200) investment from 7-Eleven Malaysia's  SEVE.KL  unit
    ** Says will use funds to scale operations, expand offerings
    ** Stock posts biggest intraday pct gain since July 17
    ** Around 138,877 shares traded vs the 30-day avg of 72,909
    ** XGL down 67.2% this year, as of last close

($1 = A$1.5704)

 (Reporting by Nichiket Sunil in Bengaluru)
 ((Nichiket.Sunil@thomsonreuters.com))