Fat Brands Inc. shares rise 1.56% intraday after Fonterra lifts FY25 Forecast Farmgate Milk Price.

Fat Brands Inc. rose 1.56% in intraday trading, with recent news indicating increased milk production in New Zealand and the US, as well as increased exports from the US. Fonterra's New Zealand milk collections for July were 1.0% above the previous year, and their Australia collections were 0.9% higher. Additionally, Fonterra lifted its FY25 Forecast Farmgate Milk Price and narrowed the FY26 range, which could positively impact the stock.