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KRA - Why Kraton Corporation Stock Just Popped 15%
Kraton Corporation
Shares of chemicals company Kraton Corporation (NYSE: KRA) skyrocketed in afternoon trading Tuesday, rising 14% through 2:25 p.m. EDT after Reuters reported that the company may be for sale.
As Reuters reports in an "exclusive" story, Kraton has hired JP Morgan Chase to advise it on how to respond to "acquisition interest from peers and private equity firms."