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Appen ( (AU:APX) ) has shared an announcement.
Appen Limited announced the issuance of 1,026,000 performance rights under an employee incentive scheme, which are not intended to be quoted on the ASX. This move is part of Appen’s strategy to incentivize its workforce, potentially enhancing employee engagement and aligning their interests with the company’s growth objectives.
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 technology industry, specializing in data annotation and artificial intelligence services. The company focuses on providing high-quality training data essential for machine learning and AI applications across various sectors.
Average Trading Volume: 11,101,100
Technical Sentiment Signal: Sell
Current Market Cap: A$332.5M
Learn more about APX stock on TipRanks’ Stock Analysis page.