Hershey Holds On To Gains Following Rejection Of Mondelez Bid

Hershey Co HSY shares still trading higher by $15 at $112.64 after rejecting Mondelez's bid for the company at $107. The Street appears to agree with the company that the price was too low.

In fact, the issue rallied all the way to $117.79 (new all-time high) at the height of the takeover speculation.

• $112.50 High after coming off halt as of 2:45 PM
• $111.87 Price at time of halt in trading
• $166.51 Low after the trading resumed
• $98.67 Price before rumor broke of bid from Mondelez