What are Bubs shares (Bub)?

Bubs is a packaged foods business based in Australia. Bubs shares (BUB) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Bubs has a trailing 12-month revenue of around $54.7 million. If you're looking to buy shares, check out the steps below. Compare share trading platforms.

Why is the Bubs Australia share price rising 20%?

The Bubs Australia Ltd ( ASX: BUB) share price has risen by around 20% since the company announced that it was working with the United States government to lessen the infant formula crisis in the US. Bubs is one of the largest infant formula businesses in Australia with a current market capitalisation of $358 million according to the ASX.

Why is the Bubs share price up 2%?

In morning trade, the junior infant formula company’s shares are up 2% to 51.5 cents. Why is the Bubs share price rising? The Bubs share price is pushing higher today after the company released another update on its US operations. According to the release, the company has lodged a letter of intent to the U.S. Food and Drug Administration (FDA).