The Hot Stock: Kraft Heinz Jumps 11%
February 17, 2017 at 17:23 PM EST
Kraft Heinz ( KHC ) soared to the top of the S&P 500 today after making a $143 billion bid for Unilever ( UL ). Kraft Heinz gained 11% to $96.65 today, while the S&P 500 rose 0.2% to 2,351.16. Unilever jumped 14% to $ 48.53. Bernstein's Ali Dibadj considers Kraft Heinz's offer for Unilver :