China Jo-Jo Drugstores gains on stock offering termination

Ridgetech

19/04/2023 17:30

** Shares of Chinese pharmaceutical and healthcare products
retailer China Jo-Jo Drugstores Inc  CJJD.O  rise 69.6% to $1.14
    ** Co terminates its previously announced 2.3 mln stock
offering
    ** Co on Tuesday had announced to issue 2.3 mln stock
offering at $3.10 per share to an institutional investor 
    ** Shares down ~68% YTD

 (Reporting by Yamini Kalia in Bengaluru)
 ((Yamini.Kalia@thomsonreuters.com))