Bellring Brands Inc
NYSE:BRBR

  • LAST PRICE
    60.4700
  • TODAY'S CHANGE (%)
    1.0300 (1.7328%)
  • Bid / Lots
    50.0000/ 2
  • Ask / Lots
    60.4700/ 1
  • Open / Previous Close
    59.2400 / 59.4400
  • Day Range
    59.2400
    60.9850
  • 52 Week Range
    39.9000
    62.7564
  • Volume
    2,199,695

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  • Aug 23, 2024

      Show headlines and story abstract

    • 5:32PM ET on Friday Aug 23, 2024 by Dow Jones
      Companies Mentioned: HSY, K, MDLZ, BRBR, FRPT

      1732 ET - D.A. Davidson analysts say a bidding war is unlikely in the big-food merger between Mars and Kellanova. They downgraded the Cheez-It and Eggo maker's stock to "neutral" from "buy" Friday on the view that Hershey and Mondelez won't attempt to make an offer sweeter than the M&M company's $30 billion bid, given their depressed valuations and the fact that the private conglomerate can always write a bigger check. "If Mars-K is the tipping point for the next wave of food consolidation, we point to [BellRing Brands] and [Freshpet] as the most compelling targets," they said. "We'd swap K for Mondelez." (emon.reiser@wsj.com; @emonreiser)

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