DeepVerge surges on Modern Water update

The price of shares in AIM-listed AI firm DeepVerge (LON:DVRG) jumped 10.07% to 29.50p (as of 14:35 GMT) after it announced that it was on track to meet full-year revenues guidance. The company said that they would be well ahead of the expected level once the revenues for Modern Water, which was acquired last month, are included in reporting.

CEO Gerard Brandon will provide further information about the company’s post-COVID plans later today.