BUZZ-Australia's Straker rises on $1.4 million contract
Reuters
Oct 02, 2025
BUZZ-Australia's Straker rises on $1.4 million contract
** Shares of Straker STG.AX rise as much as 34.5% to A$0.390, its biggest intraday gain since November 11, 2020
** Stock hits highest level since September 1
** Business services provider signs new agreement with an unidentified enterprise customer for the provision of translation and related services
** Estimated contract value is $1.4 million over a two-year term
** STG currently up 27.6%, bringing YTD losses to about 49%
(Reporting by Adwitiya Srivastava in Bengaluru)
((Adwitiya.Srivastava@thomsonreuters.com))
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