Australia's FirstWave Cloud Technology hits over 2-week high on deal with Amazon's unit
ReutersJun 10, 2025 3:53 AM
Shares of FirstWave Cloud Technology FCT.AX rise 23.1% to A$0.016, their highest since May 26
The tech firm secures partnership with Amazon Web Services, a unit of Amazon AMZN.O and private U.S. company Corent Technology
Deal to further develop and deploy the company's product suite on the Amazon Web Services Marketplace
Co did not reveal any financial details of the partnership
Stock set for biggest one-day percentage gain since April 10
About 3.3 mln shares change hands, 7.7x the 30-day average of 431,713
Stock down 30.4% YTD, including moves in the current session
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