Australia's Jatcorp soars on plans to export infant formula to U.S.

Jatcorp

03/06/2022 01:33

** Shares of consumer goods maker Jatcorp  JAT.AX  jump as
much as 6.3% to A$0.017
    ** Says it is working with Austrade, an Australian govt
agency, to provide its infant formula labelling information for
U.S. FDA approval  urn:newsml:reuters.com:*:nASX3xT1Jw
    ** Announcement comes amid increased focus on infant formula
shortage in United States 
    ** JAT up 6.7% YTD as of last close 


 (Reporting by Harshita Swaminathan)
 ((Harshita.Swaminathan@thomsonreuters.com))