BUZZ-Australia's Immuron jumps on upbeat annual sales

Reuters
17 Jul
BUZZ-Australia's Immuron jumps on upbeat annual sales

** Shares of Immuron IMC.AX rise 26.2% to A$0.082, their highest since February 28

** Biopharmaceutical co reports FY25 global annual sales of A$7.3 million ($4.75 million), up 49% on y-o-y

** "In FY26, we will invest to grow in North America" - co

** Stock on track for best day since March 2024

** About 1.1 mln shares change hands, 15.1x the 30-day average of 70,880; busiest session since January 17

** Stock up 2.5% YTD, including moves in the current session

($1 = 1.5368 Australian dollars)

(Reporting by Jasmeen Ara Shaikh in Bengaluru)

((JasmeenAraIslam.Shaikh@thomsonreuters.com;))

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