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The Economic Times
The Economic Times
Business
Kumar Gaurav

Amagi Media Labs shares fall 3% after company flags cyber extortion attempt

Shares of Amagi Media Labs fell nearly 3% on Wednesday after the media technology company disclosed an extortion attempt by a threat actor claiming to have obtained operational and network configuration data relating to certain company systems.

The stock declined 2.61% to hit an intraday low of Rs 552.20 apiece on the NSE, against its previous close of Rs 567.05. At the last check, the shares were trading at Rs 560.95, down 1.08% on the exchange. Despite the decline, the stock has gained 61.21% so far this year, according to NSE data.

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