BUZZ-Australia's REA Group climbs to three-month high on strong quarterly results
News Corporation Class A
Rare Earths Americas, Inc.
News Corporation Class A NWSA | 0.00 | |
Rare Earths Americas, Inc. REA | 0.00 |
** Shares of REA Group REA.AX rise as much as 3.4% to A$180.33, hitting their highest level since February 5
** Stock set for its best intraday trading session since April 16
** The property listing firm reports a 16% rise in third-quarter operating EBITDA to A$220 million ($158.55 million)
** Reports an 11% rise in annual revenue to A$398 million, lowers FY26 cost forecast
** Stock among top movers in benchmark S&P/ASX 200 index .AXJO
** Session's gains cut YTD losses to 2.4%, if trends hold
($1 = 1.3875 Australian dollars)
