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Audinate Group Ltd. ( (AU:AD8) ) has provided an announcement.
Audinate Group Ltd. has announced that State Street Bank and Trust Company has become a substantial holder of its voting shares as of February 27, 2025. This development indicates a significant investment by State Street, which could impact Audinate’s market positioning and influence its strategic decisions, as State Street holds the power to control voting rights and dispose of securities.
More about Audinate Group Ltd.
YTD Price Performance: 4.67%
Average Trading Volume: 1,074
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $439.1M
For a thorough assessment of AD8 stock, go to TipRanks’ Stock Analysis page.