Australia's Nuheara eyes best day in nearly a year on supply agreement
06/12/2021 24:20
** Shares of Nuheara Ltd NUH.AX climb as much as 21.1% to
A$0.023, set for their best day since Dec. 29, 2020
** The audio-wearables maker secures a three year global
supply agreement with Switzerland-based Sonova AG urn:newsml:reuters.com:*:nASX21yGJz
** Under the agreement, Nuheara products will be sold
through Sonova's global Audiological Care businesses online and
via clinics
** NUH will initially supply its products to Sonova entities
in the U.S. and Australia
** Shares hit their highest since Oct. 27
** At about 15.1 mln, volumes are 3.2 times the 30-day
average of 4.8 mln shares
** As of last close, stock down 60.4% this year
(Reporting by Himanshi Akhand in Bengaluru)
((Himanshi.Akhand@thomsonreuters.com;))