Stock Alert: China Finance Online Shares Surge 147% In Premarket On Partnership With Dow Jones

(RTTNews) - Shares of China Finance Online Co. Ltd. (JRJC) are soaring over 147% in pre-market today, following the company's partnership agreement with global news and data business, Dow Jones.

The stock has been trading in the range of $3.65 - $12.10 for the past one year, and closed Tuesday's trade at $7.31, down 9 cents or 1.22%. JRJC is currently trading at $18.10, up $10.79 or 147.61% in the pre-market session.

As per the new agreement, Dow Jones would provide China Finance Online with access to a sub-set of its Chinese language newswire service, which would include market commentary and spot news in Chinese.

The web-based financial services company believes that this partnership would create tremendous knowledge and data synergies as well as premium content to benefit over 1000 of its institutional clients in China.