Stryve Foods jumps after partnership with Dot Foods

Stryve Foods

28/10/2024 14:47

** Shares of meat snack company Stryve Foods  SNAX.O  rise as
much as 55.5% to $1.40;
    ** Co says it will partner with food redistributor Dot Foods
from Nov. 2024 to streamline co's operations 
    ** Says partnership to drive meaningful volume for SNAX and
expand its distribution footprint
    ** Deal to place co's products in thousands of new locations
across U.S. in Q1 2025
    ** Up to Friday's close, stock has fallen ~65% YTD

(Reporting by Neil J Kanatt in Bengaluru)
((mailto:Neil.JKanatt@thomsonreuters.com;))