AI giant Appen raises $60 million after recent share price losses

The artificial intelligence and machine learning company Appen today raised $60 million after recent heavy share price losses.
The company was in a trading halt today but said it will raise the money via a 1-for-6 rights issue at $1.85 a share for retail investors.

[@ry4bfggfd]

A good chance to sell this train wreck of a company. Absolute clowns.

[@samuelmedland1]

Being a shareholder of APX at $40 a share. Now $2.20 that dreadful for anyone would believe in this company Appen Global

[@TheXanderOZ]

this company is a disaster

[@samuelmedland1]

Being a shareholder of APX at $40 a share. Now $2.20 that dreadful for anyone would believe in this company Appen Global