Appen Sinks on EBITDA Downgrade
Artificial intelligence data provider Appen [ASX:APX] sank on Thursday after yet another EBITDA downgrade as the firm does not see an uptick in trading conditions.
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Artificial intelligence data provider Appen [ASX:APX] sank on Thursday after yet another EBITDA downgrade as the firm does not see an uptick in trading conditions.
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The Appen Ltd (ASX: APX) share price has continued a horror run on the ASX this year, flopping 66% to levels not seen since mid-2017.
The Appen Ltd (ASX: APX) share price is in focus after the machine learning and AI data provider released its earnings for the first half.
Market conditions have remained soft for former ASX darling Appen in August, compounding an already weak result.