Australia's Stakk gains most in over 11 years on deal with US-based Robinhood Markets
ReutersSep 18, 2025 2:15 AM
Shares of Stakk SKK.AX rise as much as 350% to A$0.027, their highest point since August 18, 2022
Stock posts its biggest intraday pct gain since July 4, 2014
The banking software company secures a 2-year master services agreement to deliver its embedded finance solution to U.S.-based Robinhood Markets Inc
Says the revenue Stakk will generate under agreement depends on the success of Robinhood's new banking offering
Around 219.3 million shares change hands, 177.2x the 30-day average volume
SKK last up 300%, lifting YTD gains to 242.9%
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