Hershey's stock soared up to 15% as rumors circulate about a potential Mondelez takeover.

Hershey's stock surged by up to 15% on Monday after reports suggested Mondelez might attempt a takeover of the chocolate company. This follows a 2016 offer that was rejected. Analyst opinions on Hershey are mixed, with recent ratings ranging from "sell" to "hold." The stock's significant jump marks its best day since Mondelez's previous takeover attempt in 2016.

3 months ago
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