Alarum Technologies is trading 6.1% higher at $2.25 as investors reassess the impact of significant workforce reductions following a law-enforcement inquiry into its NetNut proxy network.
- The rebound follows a sharp selloff last week driven by operational and legal uncertainties that disrupted the company's services.
- Management recently reduced the workforce by roughly one-third in response to the inquiry and subsequent operational shifts.
- Broader market sentiment is also providing a modest tailwind as major indices trade higher today.