APX 2.46% 62.5¢ appen limited

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  1. 117 Posts.
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    Appen is currently facing severe operational difficulties, and its stock price may soon plummet to 50 cents.
    Despite some individuals possibly heeding optimistic descriptions from the company's top executives, emphasizing the vast future potential of AI, the actual situation may not be as promising.

    Firstly, the company is likely under immense market competition, especially in the AI sector where the competition is fierce.
    Many emerging companies are entering the market with potentially more advanced technology and superior resources.
    This competition could result in the company losing market share and reducing its revenue.
    Secondly, the development of AI technology may have a detrimental impact on the company's operations. As AI technology continues to advance, it may increase operating costs.
    Lastly, while the future prospects of AI are indeed broad, this doesn't necessarily guarantee that Appen can achieve success in this field. Success in the AI industry requires innovation, capital, market share, and high-quality talent, all of which may pose challenges for the company.

    Considering these factors together, it appears that the company is currently going through a challenging period, and its future outlook is not optimistic.
 
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62.5¢
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62.0¢ 63.5¢ 61.5¢ $911.1K 1.464M

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No. Vol. Price($)
3 9900 62.0¢
 

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Price($) Vol. No.
62.5¢ 125395 3
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Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
Last
61.5¢
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62.5¢ 63.0¢ 61.5¢ 439368
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