BUZZ-Australia's Streamplay Studio hits 2-1/2-year high on buying Zplay's Noodlecake Studios

Reuters

2024-11-25

BUZZ-Australia's Streamplay Studio hits 2-1/2-year high on buying Zplay's Noodlecake Studios

** Streamplay Studio SP8.AX rises as much as 36.4% to A$0.019; highest since May 5, 2022

** Stock set for strongest session since May 2022

** Gaming firm to buy North America's Indie gaming company Noodlecake Studios from its parent Zplay Technology for A$9 mln ($5.8 mln)

** Noodlecake will work closely with Streamplay's R&D teams to develop tools to streamline Noodlecake's publishing division

** More than 63 mln shares traded in stock's busiest session since July 22, 2021

** Stock up 37.5% this year, as of last close

($1 = A$1.5305)

(Reporting by Namrata Verma in Bengaluru)

((Namrata.Verma@thomsonreuters.com;))

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