APX 3.33% $1.55 appen limited

Ann: Appen expects non-cash asset impairment charge, page-28

  1. 11,170 Posts.
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    Seems like APX is not benefiting from the big chatgpt juggernaut. They have just downgraded slightly, with future revenue assumptions reduced leading to a writedown. That MS analyst report via FNarena doesn't highlight any involvement in today's hot AI segment.

    Suspect the recent rally was based on part of the market misunderstanding Appen's business.
    Last edited by CaptainBarnacles: 13/02/23
 
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