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Hershey faces pressure from high cocoa/sugar costs, a challenging macro environment, and missed growth prospects. Click to ...
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Higher cocoa prices will pressure Hershey’s stock, analyst saysHershey Co.’s stock fell Friday, as Piper Sandler cut its rating on the chocolatier to underweight from neutral on Friday, as cocoa prices are expected to stay high. Piper Sandler Analyst ...
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Hershey seeks CFTC help in stockpiling cocoaHershey (NYSE:HSY) is trying to acquire more than 90,000 metric tons of cocoa on the Intercontinental Exchange by buying futures contracts that currently exceed CFTC limits, according to Bloomberg.
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