Hershey Surges to 295th in Trading Volume with $500 Million Turnover Amid LesserEvil Acquisition

On April 3, 2025, The Hershey Company (HSY) saw a significant increase in trading volume, with a turnover of $500 million, marking an 83.83% rise from the previous day. This surge placed HSY at the 295th position in terms of trading volume for the day.

The Hershey Company has announced its definitive agreement to acquire LesserEvil, a manufacturer of organic snacks. This strategic move is aimed at expanding Hershey's portfolio of healthier snack options. The acquisition is expected to bring a multi-category, better-for-you snacks platform to Hershey, extending its offerings into new categories and forms, and reaching new consumers in more eating occasions.

Michele Buck, The Hershey Company President and Chief Executive Officer, highlighted that this acquisition complements their beloved confection and salty snack brands. It also brings additional manufacturing capabilities and capacity to meet growing consumer and retailer needs. The transaction is subject to regulatory approval and is anticipated to close later this year.