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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.

What happened to Bubs Australia Ltd share price?

The Bubs Australia Ltd (ASX: BUB) share price closed in the red on Wednesday. Bubs shares fell 2.63% to 18.5 cents apiece. For perspective, the S&P/ASX 200 Index (ASX: XJO) dropped 1.64% today.

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).

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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