BUZZ-Australia's ION Video rises to 1-1/2-month high on potential collaboration with Meta, Alphabet
Reuters04-14 08:43
BUZZ-Australia's ION Video rises to 1-1/2-month high on potential collaboration with Meta, Alphabet
** Shares of ION Video IOV.AX rise as much as 40.9% to A$0.310, hitting their highest level since March 2
** Stock on track for a third consecutive session of gains, if current trend holds
** The infrastructure firm confirms it has engaged in initial talks with senior executives of Meta PlatformsMETA.O and Alphabet GOOGL.O
** Adds that discussions regarding potential application of co's technology with global firms
** Stock up over 96% this year, including the day's move
(Reporting by Rajasik Mukherjee in Bengaluru)
((Rajasik.Mukherjee@thomsonreuters.com))
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