- A number of food-related stocks are trading higher after Kraft Heinz ends its pursuit of Unilever.
- Notable movers include Amira Nature Foods (ANFI +2.2%), Amplify Snack Brands (BETR +1.3%), Pinnacle Foods (PF +1.2%), Kellogg (K +2.3%), General Mills (GIS +3.3%), Hershey (HSY +1.2%), Seneca Foods (SENEB), Reed's (REED +2.5%), J.M. Smucker (SJM +5.1%), Conagra Brands (CAG +1.3%) and Farmer Bros. (FARM +1.5%).
- In most cases, the share price movements are a reversal of Friday's action when it looked like Kraft Heinz was taking quite a bit of the 3G M&A punch out of the sector.
- Mondelez International is up 4.82% on heavy volume.
- Previously: Mondelez International jumps with Kraft Heinz still on the prowl (Feb. 21)
- Previously: Unilever tumbles as Kraft kills $143B bid (Feb. 20)