Hostess Brands Inc. ($TWNK) Stock Forecast: Up 21.6% Today

What is Hostess Brands Inc.?

TWNK is the stock of Hostess Brands, the company famous for its iconic snack, Twinkies. The overall market has been buzzing with news of a potential acquisition deal involving Hostess Brands.

Why is Hostess Brands Inc. going up?

TWNK stock is up 21.6% on Sep 11, 2023 12:00

• Hostess Brands' stock had a strong bullish movement today.
• The market movement could be attributed to the news of J.M. Smucker Co nearing a deal to acquire Hostess Brands for about $4 billion.
• This potential acquisition has generated excitement and optimism among investors, leading to the bullish movement in the stock.
• The news of the deal has also attracted attention from other market participants, contributing to the positive market sentiment surrounding Hostess Brands.

TWNK Price Chart

TWNK News

Today’s Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on Monday

We’re starting off the workweek right with a breakdown of the biggest pre-market stock movers for Monday! Moving stocks this morning are clinical trial results, a massive acquisition deal, stock offerings, and more. Let’s get into that news below!

https://investorplace.com/2023/09/todays-biggest-pre-market-stock-movers-10-top-gainers-and-losers-on-monday-sept-11th/

Why Twinkies Owner Hostess Brands Shares Are Jumping Today - JM Smucker ( NYSE:SJM ) , Hostess Brands ( NASDAQ:TWNK )

Food and beverage company J.M. Smucker Co SJM is reportedly nearing a deal to acquire Twinkies owner Hostess Brands TWNK for about $4 billion. The deal is expected to be formally announced today, The Wall Street Journal reported. Hostess, founded in 1930, has been through two Chapter 11 ...

https://www.benzinga.com/markets/equities/23/09/34432664/why-twinkies-owner-hostess-brands-shares-are-jumping-today

Wall Street Breakfast Podcast: Alibaba''s Surprise Leadership Shift

Alibaba falls as ex-CEO Daniel Zhang unexpectedly quits cloud unit. J.M. Smucker nears deal to buy Hostess Brands - WSJ. Tesla is a top pick at Morgan Stanley.

https://seekingalpha.com/article/4634286-wall-street-breakfast-podcast-alibabas-surprise-leadership-shift?source=feed_all_articles

Hostess Brands Stock Rises on Report Smucker Close to Buying Twinkies Maker

Shares of Hostess Brands jump as J.M. Smucker, the food company famous for jams and jellies, is nearing an acquisition of the Twinkies maker for about $4 billion, according to a report from The Wall Street Journal.

https://www.barrons.com/articles/hostess-brands-stock-rises-on-report-smucker-close-to-buying-it-fc9f6744

Hostess Brands shares rally on deal news and Tesla stock is up on an upgrade, and more moving stocks

Monday's biggest moving stocks include Hostess Brands and Tesla.

https://www.marketwatch.com/story/hostess-brands-shares-rally-on-deal-news-and-tesla-stock-is-up-on-an-upgrade-and-more-moving-stocks-a858bd91

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Hostess Brands Inc. Price History

11.08.2023 - TWNK Stock was up 14.8%

• The bullish movement in TWNK can be attributed to the news of a potential deal between J.M. Smucker and Hostess Brands. Here's what might have caused the market movement:
• J.M. Smucker nearing a deal to buy Hostess Brands for about $4 billion.
• The potential acquisition by J.M. Smucker indicates positive prospects for Hostess Brands, leading to increased investor confidence.
• The news of the deal sparked optimism among traders, resulting in a bullish movement for TWNK.
• The market recognizes the value and potential synergy between the two food companies, leading to increased demand for TWNK shares.

11.08.2023 - TWNK Stock was up 4.6%

• TWNK experienced a strong bullish movement today.
• The market movement could be attributed to the news articles reporting that J.M. Smucker is nearing a deal to buy Hostess Brands, the owner of Twinkies.
• The potential acquisition by J.M. Smucker, a well-known food manufacturer, could have sparked investor optimism and confidence in the future prospects of Hostess Brands.
• The news of the potential deal between J.M. Smucker and Hostess Brands likely generated excitement and speculation among traders, leading to the bullish movement in TWNK.

25.07.2023 - TWNK Stock was up 26.5%

• The bullish movement in TWNK could be attributed to the reduction in stake by Principal Financial Group Inc. This move indicates a positive outlook for the company, as it suggests that Principal Financial Group Inc. believes in the investment strategy and potential growth of Hostess Brands. The market may view this reduction in stake as a positive signal, leading to increased investor confidence and driving the bullish movement in TWNK.