- Farmmi Inc (NASDAQ:FAMI) has received a repeat high-volume order to export to Jordan. The financial terms were not disclosed.
- The multi-product order is for the company’s dried Shiitake mushrooms and black fungus.
- “We believe we are capturing a greater number of these opportunities than the company has been able to previously,” said Farmmi’s Chairwoman and CEO Yefang Zhang.
- “This directly reflects the return on our investments in sales and marketing, automation and our supply chain.”
- Farmmi is an agricultural products supplier, processor and retailer of edible mushrooms like Shiitake and Mu Er, as well as other agricultural products.
- Price Action: FAMI shares are trading lower by 0.64% at $0.4513 on the last check Tuesday.
BTIG Maintains Buy on Shake Shack, Raises Price Target to $65
BTIG analyst Peter Saleh maintains Shake Shack (NYSE:SHAK) with a Buy and raises the price target from $60 to $65.
