Fat Brands Inc. shares rise 1.60% intraday after Indonesia's new labeling norms for food and beverage companies.

Fat Brands Inc. rose 1.60% intraday, with Indonesia setting a two-year deadline for food and beverage companies to meet new labeling norms for products high in salt, sugar, or fat. This move, which follows lobbying by the United States and regional trade groups, could impact the company's operations in Indonesia.