TreeHouse Foods Stock Jumps 24% After Acquisition News And Despite Wider Q3 Loss

Core Viewpoint - TreeHouse Foods, Inc. (THS) is experiencing a significant stock price increase of 23.49% to $23.31 following the announcement of a $2.9 billion acquisition by Investindustrial, despite reporting a much larger net loss in the third quarter [1] Financial Performance - The company reported a net loss of $265.8 million, or $5.26 per share, compared to a net loss of $3.4 million, or $0.07 per share, from the previous year [2] - Adjusted profit per share fell from $0.74 to $0.43, missing analyst expectations of $0.56 [2] - Net sales remained virtually unchanged at $840.3 million [2] Stock Performance - THS closed at $19.05 before the acquisition announcement and is currently trading at $23.14, with a trading volume of 6.86 million shares compared to an average of 0.89 million [2] - The stock opened at $23.08 and fluctuated between $22.95 and $24.05 during the trading session [2] Trading Range - The 52-week trading range for TreeHouse Foods is between $15.85 and $40.77 [3]