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What happened?
Shares of
Global Cord Blood Corporation (NYSE:CO), a provider of umbilical cord blood stem cells storage, are rising sharply on Tuesday, following the company s announcement of an unsolicited non-binding acquisition proposal. As of 12:25 p.m. EST, Global Cord Blood s stock was up by 11.5% after popping by as much as 14.6% earlier in the day.
Operator
Welcome everyone to Global Cord Blood Corporation Earnings Conference Call for the fiscal year 2021 Third Quarter.
[Operator Instructions] Now I would like to introduce Ms. Cathy Bai, VP of Corporate Finance to begin the presentation. Please.
Cathy Bai
Vice President of Corporate Finance
Thank you, Aaron. Good morning, everyone. Welcome to our fiscal 2021 third quarter earnings conference call. A press release discussing our financial results has already been published and a copy is available on our Company s website.
During the call, our management team will summarize corporate developments and financial highlights for the quarter. A question-and-answer session will follow. Before we begin, please note that today s discussion will contain forward-looking statements that are subject to certain risks and uncertainties and actual results could be materially different from these forward-looking statements.
Global Cord Blood Corporation Reports Financial Results for the Third Quarter and First Nine Months of Fiscal 2021 prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
BEIJING (dpa-AFX) - Global Cord Blood Corporation (CO) released earnings for third quarter that decreased from the same period last year.The company's bottom line totaled RMB116.57 million, or
Global Cord Blood Corporation Reports Financial Results for the Third Quarter and First Nine Months of Fiscal 2021 prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.