111 Inc: Jumps on direct sourcing agreement
12/09/2019 19:08
** Shares of e-pharmacy co YI.O up ~25.02% to an over
2-month high of $5.75 in afternoon trade after co signs direct
sourcing agreement with Chinese traditional medicine company
Dong-E-E-Jiao Co (DEEJ)
** Under the deal, DEEJ has selected YI as its direct
sourcing partner and will provide customized products to co
urn:newsml:reuters.com:*:nPn707rdVa
** Co among best performers across all U.S. exchanges
** Despite session's gains, stock down ~4% this year
(Reporting by Abhishek Manikandan in Bengaluru)
((Abhishek.Manikandan@thomsonreuters.com))