Nazara Shares Jump Over 5% On Plans To Raise Funding Via Preferential ...

Nazara Shares Jump Over 5% on Plans to Raise Funding via Preferential Issue: Shares of Nazara Technologies jumped over 5% after the company announced plans to raise funds through a preferential issue. The move comes as Nazara looks to strengthen its balance sheet and invest in expanding its gaming and esports offerings. The preferential issue will allow the company to tap into institutional investors, providing the capital necessary to drive growth and innovation. Nazara’s shares were positively impacted by the announcement, signaling investor confidence in the company’s long-term prospects.