Why the LiveTiles (ASX:LVT) share price is rocketing 20% today
Aaron Teboneras | February 17, 2021 2:50pm |
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LiveTiles Ltd(ASX: LVT) share price is rocketing in mid-afternoon trade. This comes after the company announced it has signed a record multi-million deal with a Fortune 100 company. At the time of writing, the LiveTiles share price is up an astonishing 16% to 30 cents.
What’s driving the LiveTiles share price higher?
The LiveTiles share price is one of the best performers today after reporting a significant contract win.
According to its release, LiveTiles entered a three-year multi-million agreement with a United States-based Fortune 100 healthcare company. The deal, effective immediately, will see LiveTiles deliver its broad suite of products including its mobile communications application, LiveTiles Reach.