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Published on April 8th, 2022 📆 | 2880 Views ⚑

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Integrated Media Technology Continue Slide, Drop 23%


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By Chris Wack


Integrated Media Technology Ltd. shares continued to drop, falling 23% to $10.10 after ending Thursday's session down 36% in heavier-than-normal trade.

The stock hit its 52-week high of $38.48 on April 1.

Integrated Media shares were halted several times Thursday because of volatility.





On Wednesday, the company said its World Integrated Supply Ecosystem subsidiary entered into a distribution agreement with KMF Malaysiawe to sell and distribute Halal products in France initially, and then to Germany and U.K. The distribution service agreement is for a period of three years.


Write to Chris Wack at chris.wack@wsj.com


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