Business
Catapult (ASX:CAT) share price lower despite announcing a new acquisition
The Catapult Group International Ltd (ASX: CAT) share price is trading lower on Tuesday after announcing an acquisition.
At the time of writing, the sports analytics and wearables company’s shares are down 1% to $2.07.
What did Catapult announce?
This morning Catapult announced the acquisition of subscription online sport learning platform, Science for Sport.
According to the release, Science for Sport was founded in 2016 and has grown into the number one source for content, online courses, and community engagement in the global sports science industry.
It has built an organic social audience of hundreds of thousands of followers, becoming one of the most-trusted sources of information for sport practitioners around the…
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