BUZZ-Life360's ASX-listed shares slip as CEO cuts stake

Reuters
18 Nov 2024

** Life360's Australia-listed shares fall as much as 8.5% to A$20.82, heading for their worst session since early September - if current losses hold

** Stock third-biggest loser on the benchmark ASX 200 index

** Technology platform provider says CEO Chris Hulls has sold part of his stake in co

** Sale amounted to 1.2% of total outstanding shares in co

** Hulls has about a 3.8% stake in Life360 after the sale

** Stock hits lowest level since Oct. 14

** Stock up about 181% YTD, including current session's moves, lagging behind an 8.8% gain on the ASX 200 index

(Reporting by Nikita Maria Jino in Bengaluru)

((Nikita.Jino@thomsonreuters.com;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10