Business
Why Bigtincan, Bubs, LiveTiles, & Treasury Wine shares are storming higher
It has been a very disappointing day of trade for the S&P/ASX 200 Index (ASX: XJO) on Thursday. In afternoon trade the benchmark index is down 1.95% to 6,649.2 points.
Four ASX shares that have not let that hold them back today are listed below. Here’s why they are storming higher:
Bigtincan Holdings Ltd (ASX: BTH)
The Bigtincan share price has climbed 4% to $1.11 following the release of its second quarter update. Bigtincan continued its strong form during the quarter and delivered annualised recurring revenue (ARR) of $48.4 million. This represents growth of 50% over the prior corresponding period. Management revealed that this comprised organic ARR of $40 million (up 42.9%) and ARR of $8.4 million from recently completed…
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