Shares of Brazilian pork and poultry producer BRF S.A. (NYSE: BRFS) are up 8.5% in 1:30 p.m. EST trading, apparently in response to a "material fact" about which the company informed investors this morning.
Writing in a 6-F filing with the Securities and Exchange Commission (SEC), BRF disclosed that in the course of holding its "BRF Day 2020 – Vision 2030" today, it intends to provide "certain estimates and expectations ... for the next ten years." Specifically, BRF is making the following projections:
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Why BRF S.A. Stock Popped 8.5% Today