Kellanova's stocks have caught the attention of investors when
Mars announced the closing of a merger deal with the company. As a result, the stock soared, peaking at
$83.50, before delisting. The
European Union approved the $36 billion deal, marking its culmination.
Hudson Bay Capital Management purchased considerable shares of Kellanova as the transaction unfolded. Some believe the company was sold at full value, but not at an excessive price. Meanwhile, the company declared a regular quarterly dividend of 58 cents per share, maintaining its phenomenon. Despite the stock being cashed out, Kellanova still performed stronger versus competitors on a particular trading day.
FORA Capital and
Ossiam have also increased their stock positions. However, Natixis and Soros Fund Management trimmed their positions, suggesting different perspectives on the company’s financial future.
Kellanova Stocks K News Analytics from Sat, 11 May 2024 14:18:29 GMT to Sun, 21 Dec 2025 00:21:51 GMT -
Rating 10
- Innovation -10
- Information 10
- Rumor -3
