Serko shares soar to 2 1/2 year high as earnings upgrade whets appetite for growth stocks

Thu, 12 Oct 2017

By Paul McBeth Oct. 12 (BusinessDesk) - Serko shares soared 28 percent after an earnings upgrade this week was enough to whet the appetite for investors keen on growth-orientated stocks. The stock jumped 25 cents to $1.15 as at 1.15pm today, the highest level since December 2014 and just shy of the $1.20 record it posted that same month. Serko shares have soared 77 percent this week, during which time the Auckland-based online travel software booking firm said first-half revenue climbed 30 percent and delivered positive earnings in the s...

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