Connexion Mobility surges 22.7% on Hyundai Motor America contract
Shares of Connexion Mobility advanced as much as 22.7% to A$0.027, their biggest intraday percentage gain since mid-February 2023. The mobility software company signed an exclusive supplier agreement with Hyundai Motor America to oversee software design, development and management for Hyundai's new Dealer Lot Management (DLM) platform in the US.
027, marking their biggest intraday percentage gain since mid-February 2023. The stock climbed to its highest level since March 27 after the mobility software company signed an exclusive supplier agreement with Hyundai Motor America. Under the deal, Connexion will oversee software design, development and management capability for Hyundai's new Dealer Lot Management (DLM) platform in the US. 9% year to date including the day's moves.