Jeffs’ Brands (JFBR) Soars on Scanary AI Security Deal: Can the Rally Last?
Jeffs’ Brands shares jumped 27% to $3.17 in early U.S. trading on December 5 after announcing a distribution deal for AI security scanners with Scanary Ltd. Volume surged past 20 million shares. The agreement gives Jeffs’ Brands exclusive rights in Canada, Germany, and the UAE for 24 months, with a $1 million payment to Scanary. Despite the rally, JFBR remains down over 90% year-to-date.
