WK Kellogg (KLG) Skyrockets 30.6% as Ferrero Gobbles Up Stake

Image for article WK Kellogg (KLG) Skyrockets 30.6% as Ferrero Gobbles Up Stake
News Source : Yahoo Entertainment

News Summary

  • WK Kellogg rose for a second day on Thursday, soaring 30.63 percent to end at $22.86 apiece.
  • News that it was set to be acquired by The Ferrero Group for $3.1 billion.
  • “We believe this proposed transaction maximizes value for our shareowners,” said Chairman and CEO Gary Pilnick.
  • If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.
WK Kellogg Co(NYSEKLG) is one of the stocks that are flying past expectations.WK Kellogg rose for a second day on Thursday, soaring 30.63 percent to end at $22.86 apiece following news that it wa [+1779 chars]

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