tiprankstipranks
Trending News
More News >

Appen Limited Issues Performance Rights Under Employee Incentive Scheme

Story Highlights
Appen Limited Issues Performance Rights Under Employee Incentive Scheme

Don’t Miss TipRanks’ Half-Year Sale

Appen ( (AU:APX) ) has issued an announcement.

Appen Limited announced the issuance of 3,216,733 performance rights under an employee incentive scheme. These securities are unquoted and subject to transfer restrictions until the restriction period ends, reflecting the company’s strategy to incentivize and retain talent crucial for its operations in the competitive AI and machine learning sector.

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 that enhance AI systems. The company focuses on offering high-quality data necessary for training AI models, catering to a global market that includes technology companies and other industries leveraging AI technologies.

Average Trading Volume: 9,690,809

Technical Sentiment Signal: Sell

Current Market Cap: A$300.7M

For a thorough assessment of APX stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1