Lamb Weston Holdings, Inc.’s Stock Price Skyrockets to $78.22, Marking a Significant 10.17% Uptick

Lamb Weston Holdings, Inc. (LW)

78.22 USD +7.22 (+10.17%) Volume: 7.98M

Lamb Weston Holdings, Inc.’s stock price has surged to 78.22 USD, witnessing a remarkable increase of +10.17% in this trading session with a substantial trading volume of 7.98M. Despite the recent gains, the stock has experienced a year-to-date decline of -27.63%.

Latest developments on Lamb Weston Holdings, Inc.

Activist investor Jana Partners has recently acquired a new stake in Lamb Weston Holdings, pushing for a possible sale of the company. This news has caused Lamb Weston’s stock price to surge, with shares jumping after the disclosure of Jana’s stake. The target price for Lamb Weston has also been raised following Jana Partners’ investment. With Jana Partners building a 5% stake in the company, Lamb Weston’s stock has seen significant gains and outperformed competitors. The market reacted positively to the news, leading to a strong trading day for Lamb Weston Holdings.

A look at Lamb Weston Holdings, Inc. Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

According to Smartkarma Smart Scores, Lamb Weston Holdings has a positive long-term outlook overall. With a growth score of 4, the company is projected to experience strong growth in the future. This is supported by its value and momentum scores, both at 3, indicating solid performance in terms of value and market momentum. However, the company’s resilience score of 2 suggests some vulnerability to market fluctuations, which investors should take into consideration.

Lamb Weston Holdings, Inc. operates as a holding company specializing in frozen potato products. The company offers a variety of potato products such as fries, oven roasted potatoes, puffs, chips, slices, and prepared potato products. With a balanced score across value, dividend, growth, resilience, and momentum, Lamb Weston Holdings is positioned to continue its success in the frozen food market in the long term.

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