Boku (BOKU) Shares Down 18.4%
Boku Inc (LON:BOKU) traded down 18.4% during mid-day trading on Thursday . The stock traded as low as GBX 80 ($1.05) and last traded at GBX 80 ($1.05). 92,784 shares traded hands during trading, an increase of 63% from the average session volume of 56,768 shares. The stock had previously closed at GBX 98 ($1.28).
Separately, Peel Hunt reaffirmed a “buy” rating on shares of Boku in a research report on Thursday.
In related news, insider Jonathan Peter Prideaux sold 943,750 shares of Boku stock in a transaction on Friday, September 21st. The shares were sold at an average price of GBX 160 ($2.09), for a total transaction of £1,510,000 ($1,973,082.45).
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Boku, Inc provides mobile billing and payment solutions for merchants and mobile operators. The company's solutions enable consumers to make online payments using their mobile devices. It offers merchant solutions, including Boku Acquire, a mobile provisioning for operator led user acquisition; Boku Account, a mobile authentication for frictionless user activation; and Boku Checkout, a carrier commerce for comprehensive user monetization.
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