Closing Bell: Moderna and Nathan's Surges, Kraft Heinz Declines on Berkshire Sale
On this episode of Stock Movers:
Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec.
- Moderna (MRNA) shares jumped on Wednesday on continued momentum after the company’s Tuesday update revealing the long‑term results from a cancer therapy study.
- Nathan's Famous (NATH) surged after Smithfield Foods said it would acquire the legendary hot dog brand in a deal valued at about $450 million, securing the rights to a key product in its business’s largest segment..
- Kraft Heinz shares closed down 1.36% after the packaged food company registered more than 325 million common shares held by Berkshire Hathaway, its largest shareholder, for potential sale.
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