BUZZ-Australia's Appen loses most in over 13 weeks on US business volatility, slow growth
Reuters
Oct 30, 2025
BUZZ-Australia's Appen loses most in over 13 weeks on US business volatility, slow growth
** Shares of Australia's Appen APX.AX fall 7.9% to $0.76, logging their biggest intraday pct loss since July 30
** The data services provider flags that besides its China business, which contributed strong earnings in third quarter, the remainder of its business continued to be impacted by volatility in the U.S. AI market
** Co's quarterly revenue rose marginally to A$55.3 million from A$54.1 million in pcp, while EBITDA came in flat compared with pcp
** YTD, Appen stock down 70.3%
(Reporting by Shruti Agarwal in Bengaluru)
((Shruti.Agarwal@thomsonreuters.com))
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