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7digital Share Price Surge 10.9% on Apex Rides Deal

Simon Mugo trader
Updated 9 Sep 2020

Practice Stock Trading
7digital logo

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.

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 has over six years of professional trading experience across FX, commodities and equities. He has a strong passion for financial markets and is particularly focused on price action trading