Here's Why J.M. Smucker Stock Jumped Today
J. M. Smucker(SJM) The Motley Fool·2024-11-26 15:47
Shares of J.M. Smucker (SJM 7.51%) jumped on Tuesday morning after the company reported strong profits for its fiscal 2025 second quarter and raised its full-year guidance. As of 10:40 a.m. ET, the stock was up by about 8%.Profits for this food company are strongWhen it comes to Smucker, many people only think about jams and jellies, but in recent years, it has diversified its food portfolio to include coffee, pet food, and -- with its acquisition of Hostess about a year ago -- snack cakes.J.M. Smucker gre ...