109.89
price up icon0.84%   0.92
after-market After Hours: 109.89
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Why is J M Smucker Co (SJM) Stock down?

We've noticed a 5.81% decline in J M Smucker Co (SJM) stock during the 2024-08-28 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!
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

packaged_foods CPB
$41.50
price down icon 0.19%
packaged_foods PPC
$46.16
price down icon 2.88%
packaged_foods CAG
$27.11
price up icon 1.12%
$76.10
price down icon 2.20%
packaged_foods HRL
$31.68
price up icon 0.32%
Cap:     |  Volume (24h):