Shares of Pilgrim's Pride (PPC) rose more than 30% on speculation Sanderson Farms (SAFM) has an...

|About: Pilgrim's Pride Corpora... (PPC)|By:, SA News Editor

Shares of Pilgrim's Pride (PPC) rose more than 30% on speculation Sanderson Farms (SAFM) has an eye on its bigger rival, after a Barclays analyst said Sanderson's strong balance sheet makes it a candidate to buy PPC's depressed assets. Sanderson denies. PPC +5.75%.