Australia's Firstwave Cloud Technology soars on partnership with Amazon Web Services

ReutersJun 10, 2025 2:49 AM

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Shares of Firstwave Cloud Technology FCT.AX rise 23.1% to A$0.016, set for their best day since April 10

Tech co's stock rose as much as 38.5% earlier in the session to hit its highest since May 19

Co enters strategic partnership with Amazon Web Services and U.S.-based Corent Technology

Says partnership to develop and deploy co's product suite on AWS Marketplace

About 3.2 million shares change hand in their busiest day since August 2024

Stock down ~30% this year, including day's move

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