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The week's question
In March 2025, in the thread "Re: OT, out", Umm asked the members: "Do you think it is because America is made up of magical soil that makes businesses based in America magically profitable?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: mungofitch ✹✺ SILVER
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Number: of 22354 
Subject: Re: OT: Hershey
Date: 12/09/24 3:39 PM
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No. of Recommendations: 11
Bloomberg reported that Mondelez International is exploring an acquisition of Hershey Co.
HSY is up 13% today to 197.83


It's a bit of a cliché that when good news comes in on an optimistically priced stock pick, it typically reacts in a small way upwards. Bad news sometimes gets a big reaction downwards.
When new good news comes in on an unfashionable stock pick, it reacts in big way. Fresh bad news gets mostly ignored, as that is what is expected.

Hershey has not been in fashion, that's for sure. Almost any fresh news that isn't freshly bad can move the price quite a bit it seems. High today was +19% from yesterday's close.

Jim
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This community has written 21,861 posts about Berkshire Hathaway. The article-length ones it recommended most:
BRK: Why Not XOM? · 62 recs · 2024
Second quarter comments · 60 recs · 2023
Berkshire's Profit Contributors · 58 recs · 2023
Summary of 2Q 2026 · 55 recs · 2026
3Q Summary · 53 recs · 2024
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