Shares of Fruit Loops cereal maker soar 50% after reports of Ferrero acquisition
- Posted on July 9, 2025
- By CNN
- 3 Views
Shares of Fruit Loops cereal maker soar 50% after reports of Ferrero acquisition
Shares of WK Kellogg, the cereal maker behind Fruit Loops and Frosted Flakes, skyrocketed 50% after the Wall Street Journal reported Wednesday that Ferrero was nearing acquiring the company for $3 billion.
