Hershey Soars on Takeover Rumours 🍫
Shares of Hershey Co. (HSY) surged 15% this week following reports that Mondelez International (MDLZ) has expressed interest in a potential acquisition of the iconic chocolate maker. Mondelez, on the other hand, saw its stock dip 2.2%, reflecting investor caution over the feasibility and cost of such a deal.
Rumours Spark Speculation
According to a Bloomb…