UPDATE: NZX 'assessing' Plexure trading after shares soar ahead of announcement

Fri, 30 Dec 2016

(Updates, recasts with NZX comment in first and fourth paragraphs) By Sophie Boot Dec. 30 (BusinessDesk) - Stock market operator NZX is "assessing" Plexure's recent trading after the stock soared 26 percent a day before announcing an agreement with the biggest McDonald's franchisee in Latin America and the Caribbean. Plexure Group, the digital advertising firm formerly known as VMob, announced the deal today, sending the shares up a further 33 percent to 32 cents. The stock sank to a record low 19 cents on Dec. 22, and has dropped 46 p...

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