Serko shares soar 659% in 2017, topping charts on NZ stock market

Thu, 28 Dec 2017

By Rebecca Howard Dec. 29 (BusinessDesk) - Serko is on track to be 2017's best performer on the stock exchange after gaining 659 percent so far this year as investors are increasingly confident it will move into the black. The online travel booking software developer, which has roots that date back to 1994, listed in 2014 and its shares first traded at $1.13. However, Australia's economic slowdown and project delays weighed on revenue and it touched a low of 25 cents in April before storming higher in October when it posted its first mid...

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