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An update from Appen ( (AU:APX) ) is now available.
Appen Limited announced the issuance of 651,725 fully paid ordinary shares due to the vesting of performance and retention rights. This move, compliant with the Corporations Act, reflects the company’s ongoing efforts to incentivize and retain talent, potentially impacting its operational efficiency and market positioning positively.
The most recent analyst rating on (AU:APX) stock is a Buy with a A$0.80 price target. To see the full list of analyst forecasts on Appen stock, see the AU:APX Stock Forecast page.
More about Appen
Appen Limited operates in the artificial intelligence and machine learning industry, providing data solutions and services to enhance AI systems. The company focuses on delivering high-quality training data for machine learning models, catering to a global market with a diverse range of AI-driven applications.
Average Trading Volume: 12,859,685
Technical Sentiment Signal: Sell
Current Market Cap: A$330.3M
See more data about APX stock on TipRanks’ Stock Analysis page.