The S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) is on course to push higher ahead of the Christmas break. In early afternoon trade the index is up 0.3% to 6,078 points.
Four shares that have climbed more than most today are listed below. Here's why they are ending the week with strong gains:
The Bubs Australia Ltd (ASX: BUB) share price is up 6% to 75 cents after announcing that it has completed the acquisition of NuLac Foods Ltd. The acquisition is part of the company's aim of becoming a vertically integrated infant formula company with control over all parts of its supply chain.
The Queensland Bauxite Ltd (ASX: QBL) share price has jumped 14% to 5.7 cents after signing an agreement with Algae Tec Ltd (ASX: AEB) to exclusively license Medical Cannabis' low THC Delta 9 cultivars from its unique Australian Cannabis seed bank.
The Retail Food Group Limited (ASX: RFG) share price has continued its recovery and is up 9% to $2.34. I wouldn't get overly excited about this recent rally higher, I suspect it has been caused by short covering. Retail Food Group has been one of the most shorted shares on the ASX all year.
The Yojee Ltd (ASX: YOJ) share price is 6% higher at 28 cents following the release of a business update. According to the release, last mile deliveries on Yojee's Singapore network have grown almost 700% over the last six months. Despite the rapid increase in deliveries the company's performance standards have been maintained.
