Why the Jaxsta share price rocketed by over 300% today – Motley Fool Australia

The Jaxsta Ltd(ASX: JXT) share price is latest market minnow to grab attention following the spectacular rise of the Brainchip Holdings Ltd(ASX: BRN) share price.
The Jaxsta share price rocketed by over 300% to 11 cents during lunch time trade after it announced a $1.9 million deal with Songtradr.
Under the five-year agreement, Songtradr will pay an upfront licence fee of $500,000 to Jaxsta. In return, Songtradr will have the opportunity to provide a revenue identification and collection servi…

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