Smart for Life surges on CloudKitchens tie-up for high protein ice cream delivery

Smart for Life

17/05/2023 17:08

** Shares of Smart for Life Inc  SMFL.O  jumps 48.7% to
$3.45
    ** Stock set for biggest one-day pct gains; top pct gainer
on Nasdaq Composite index .IXIC
    ** The manufacturer of nutritional foods enters into
strategic deal with CloudKitchens for swift local delivery of
high protein ice cream across major US markets  urn:newsml:reuters.com:*:nGNX3h0ymx
    ** Partnership with CloudKitchens enables seamless delivery
of Smart for Life's ice cream products via popular services like
UberEats, GrubHub, and DoorDash
    ** Initial launch to focus on key markets including New
York, Miami, and Los Angeles
    ** Record no of shares traded during the day, more than 80
times the monthly avg trading volume 
    ** Stock down 70.4% YTD

 (Reporting by Vedant Vinayak Vichare in Bengaluru)
 ((vedant.vinayakvichare@thomsonreuters.com))