BUZZ-Australia's MoneyMe up on positive quarterly results

Reuters
07 Nov 2024

** Shares of MoneyMe rise as much as 15.9% to A$0.128, their biggest intraday gain since Oct. 22 ** Consumer finance co says its loan originations increased 62% on 1Q25

** Says net credit losses decreased to 3.8% for 1Q25

** Stock hits highest level since Oct. 29

** About 1.7 mln shares trade vs 30-day average of 862,015

** MME up 53.6% YTD

(Reporting by Adwitiya Srivastava in Bengaluru) ((mailto:Adwitiya.Srivastava@thomsonreuters.com;))

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