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ASX:OVT 18 December 2025

ASX Top Gainers Today (18 December 2025): RocketBoots Soars on $9.1m ARR Contract as Australian Shares Trade Lower

ASX Top Gainers Today (18 December 2025): RocketBoots Soars on $9.1m ARR Contract as Australian Shares Trade Lower

RocketBoots surged 94.7% to $0.370 by 10:47am AEDT Thursday, leading ASX gainers after announcing a major contract. The S&P/ASX 200 slipped 0.16% in early trade, with tech stocks extending losses for an eighth session. Other small caps, including Ovanti and Flexiroam, also posted double-digit gains. Elevated volatility followed options expiry and continued selling pressure in tech.
18 December 2025
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Stock Market Today

  • Jury Holds Elon Musk Responsible for Twitter Stock Drop During 2022 Buyout
    March 20, 2026, 10:30 PM EDT. A California jury ruled Elon Musk responsible for the decline in Twitter's stock price during his 2022 bid to acquire the company for $44 billion. Musk was found to have publicly disparaged Twitter, alleging bot issues to pressure the stock price lower and negotiate a better deal. While Musk denies wrongdoing, his comments led to significant market impact, including a sharp 20% drop after he paused the purchase. Jurors confirmed two of four fraud claims but rejected a charge of a defrauding scheme. Musk's legal team plans to appeal. The ruling could force Musk to pay potentially billions of dollars to affected investors, marking a rare legal setback for the billionaire, whose net worth stands at $661 billion.
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