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7digital Share Price Surge 10.9% on Apex Rides Deal

Shares of 7Digital Group PLC (LON: 7DIG) today surged 10.9% higher after the company signed a 12-month contract with Apex Rides Ltd to provide streaming music for its virtual exercise classes.

The company did not disclose the financial details of the deal.

7digital is a digital music and radio services streaming platform that has enjoyed a significant bullish run recently fueled by major deals and partnerships.

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We covered these deals in great detail here and here.

7digital share price

Tradingview chart of 7digital share price 09092020

7digital shares today surged 10.9% to trade at 2.23p having ended Tuesday’s session trading at 2.01p.

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Simon Mugo
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Simon ist Autor und Analyst für den Bereich Finanzwesen und blickt auf über sechs Jahre professionelle Erfahrung als Trader zurück. Er absolvierte einen Bachelor in Mathematik und Informatik und hat eine Leidenschaft für die Finanzmärkte. Simon handelt FX, Rohstoffe und Aktien. Er konzentriert sich auf Price Action Trading.