United Natural Foods, Inc. shares rise 1.28% intraday after Kraft Heinz's split into two companies.

United Natural Foods, Inc. rose 1.28% intraday. The company's stock price increase aligns with the news that Kraft Heinz is splitting into two separate companies, one focused on condiments and the other on grocery food brands. This strategy is gaining momentum in the food & beverage industry, reflecting a changing view that bigger is not always better. The separation is expected to result in higher stock prices and easier management.