Comment on Why Campbell Soup Company Stock Jumped Monday

Why Campbell Soup Company Stock Jumped Monday

Shares of Campbell Soup Company (NYSE: CPB) jumped as much as 11% on Monday after The New York Post said Kraft Heinz (NASDAQ: KHC) was interested in buying the food and beverage company."Campbell Soup, which last month said it was reviewing all aspects of its strategic plans and portfolio composition, will have at least one deep-pocketed suitor interested in kicking the tires should it decide to put itself on the block, the Post has learned," Josh Kosman reported.At the time of this writing, Campbell stock is up about 9.8%.Continue reading

 

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