By Steve Moore | Thursday 28 August 2014
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Having fallen to 40.5p earlier this month, shares in ‘mobile money’ technology company Monitise plc (MONI) traded more than 14% higher yesterday, at 48.25p. This follows the announcement of a further extension of its relationship with IBM. In the following I review the announcement and share price move.
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