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UTZ - Food stocks outperform after Jana Partners takes stake in TreeHouse
Utz Brands Inc Class A
Jana Partners' move to take a 7.5% stake in TreeHouse Foods (THS) has stirred the pot in the packaged food sector. Outperformers on the day include Nuzee (NUZE) +3.80%, Utz Brands (UTZ) +3.8%, Beyond Meat (BYND) +2.6%, Post Holdings (POST) +1.9%, MGP Ingredients (MGP) +1.5% and Lifeway Foods (LWAY) +1.4%.TreeHouse is now up 22.1% in morning trading. B&G Foods (BGS) is the food stock with the highest Seeking Alpha Quant Rating.