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Airtasker Ltd ( (AU:ART) ) just unveiled an announcement.
Airtasker Ltd has requested a trading halt on its securities as it plans to undertake a capital raising through an institutional placement. This strategic move is expected to impact the company’s financial positioning and market operations, with the trading halt remaining in place until the capital raising announcement is made or normal trading resumes on November 18, 2025.
The most recent analyst rating on (AU:ART) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Airtasker Ltd stock, see the AU:ART Stock Forecast page.
More about Airtasker Ltd
Airtasker Ltd is a company operating in the gig economy sector, primarily offering a platform that connects individuals and businesses with local service providers for various tasks and services. The company focuses on facilitating a marketplace where users can outsource everyday tasks, enhancing convenience and flexibility for both task posters and taskers.
Average Trading Volume: 230,215
Technical Sentiment Signal: Sell
Current Market Cap: A$157M
Learn more about ART stock on TipRanks’ Stock Analysis page.