July 18, 2018 / 4:37 PM / 5 months ago

BUZZ-CounterPath: Jumps on deal to develop cloud-based communication platform

** U.S.-listed shares of CounterPath jump ~51 pct to $4.12

** Company signs subscription based deal with call center operator to develop CPAH's cloud-based communication service, Stretto Platform (bit.ly/2LmMeHA)

** CPAH top pct gainer across U.S. exchanges in afternoon trade

** More than 12.2 mln shares change hands in the company’s busiest day ever

** Canada-listed shares also gain 2.4 pct to C$6.35

** Company’s U.S.-listed shares up ~31 pct this year (Reporting by Shreyashi Sanyal in Bengaluru)

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