Packaged Foods
SJM
112.94
price up icon0.15%   +0.17
after-market  After Hours:  114.3688  1.4288   +1.27%

J.M. Smucker Co. (SJM)
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Overview News Price History Option Chain Financials Why SJM Down? Discussions Forecast Stock Split Dividend History

Why is J.M. Smucker Co. (SJM) Stock down?

11 Sep, 2023:

The J. M. Smucker Company (SJM) declined 7.01% to $131.66 after the company announced an acquisition of Hostess Brands that is expected to be completed April 30, 2024. Under the terms of the agreement, JM Smucker has agreed to give Hostess Brands $5.60 billion in cash & stock in exchange for TWNK stock.

https://www.benzinga.com/news/earnings/23/09/34453429/nasdaq-rises-over-1-hostess-brands-shares-spike-higher

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