UBS Group AG Acquires Substantial Stake in Appen Ltd.
UBS Group AG has acquired a 5.17% voting stake in Appen Ltd. as of February 4, 2025, marking a significant investment that may influence Appen's market position and operations in the technology sector. Appen specializes in providing data solutions for AI and machine learning, serving a global clientele. The company's current market cap is $482.7M, with a year-to-date price performance of 8.67%.
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