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Why Treehouse Foods Stock Popped Today

TheMotleyFool

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Why Treehouse Foods Stock Popped TodayPhoto, wide shot, wide-angle lens, Bank, sunset photo at golden hour, photo by Art Wolfe: https://img.theapi.app/temp/3aa597ca-f944-4a9b-bf8d-3071f3b5a5c9.png

Shares of Treehouse Foods (NYSE: THS), a manufacturer of private-label snacks and beverages, jumped on news that private equity firm Investindustrial was preparing an offer for the company.

As of 2:39 p.m. ET, the stock was up 17% on the news.

Image source: Getty Images.

Source Fool.com

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