BranchOut Food gains on Walmart supply contract

Branchout Food

20/06/2023 14:59

(Updates)
    ** Shares of dehydrated fruits and vegetables processor
BranchOut Food  BOF.O  up as much as 40% at $6.20 
    ** BOF secures supply contract with big-box retailer Walmart
 WMT.N  to provide dehydrated fruits to 2,250 WMT stores
    ** Contract covers supplies to 50% of WMT's U.S. locations
    ** First shipments began in late May, says BOF
    ** Stock began trading on Friday, June 16, and was down ~26%
from its IPO price of $6/shr at close

 (Reporting by Juveria Tabassum in Bengaluru)
 ((Juveria.Tabassum@thomsonreuters.com;))