Why Utz Brands Stock Just Popped 9%
I've been eating Utz Brands (NYSE: UTZ) potato chips since I was a kid -- and investing in stocks since I was a young adult. In fact, one of the first companies I thought of investing in, once I began investing, was Utz potato chips ... until I discovered that Utz was a privately owned company.
Imagine my surprise then, when I learned that Utz Brands is now a publicly traded company -- and that it has been public for months, in fact, after going public in a SPAC-sponsored IPO in August. And imagine my surprise when I learned that not only is Utz now a public company -- but that its stock price just shot up 8.6% today (as of 2:25 p.m. EST).
Image source: Getty Images.
Source Fool.com
