Evolve says share jump coincidental, update didn't leak

Jenny Ruth
Mon, 09 Nov 2020

Jenny Ruth
Mon, 09 Nov 2020
Evolve Education said its underlying operating profit for the nine months ended September exceeded $14 million and is eyeing about $20 million of acquisitions but it doesn't believe this had any impact on the share-price jump last week.Evolve shares are 1 cent higher at 12.6 cents. They jumped from 9.5 cents at the close on Nov. 3 to as high at 12.2 cents on Friday before ending the week at 11.6 cents, prompting a query from NZX.Evolve chief financial officer Edmund Mah responded in a letter to the NZX that the company today released unaudi...

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