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Stock impact report

Easter Egg Price Hikes Are Just the Start as Cocoa Soars [Yahoo! Finance]

Mondelez International, Inc. - Class A (MDLZ) 
Last mondelez international, inc. - class a earnings: 4/28 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: mondelezinternational.com/investors
Company Research Source: Yahoo! Finance
(Bloomberg) -- As the Easter holidays approach, higher cocoa prices mean shoppers are paying far more for their chocolate eggs and bunnies. But that's just the tip of the iceberg. Most Read from Bloomberg Putin Rejected Terror Alert Before Deadliest Attack in Decades Catherine, Princess of Wales, Says She's Being Treated for Cancer NY Gears Up to Seize Trump Westchester Assets If Fraud Fine Is Unpaid Baltimore Wants to Sell Hundreds of Vacant Homes for $1 Each Bill Gross Laments ‘Excessive Exuberance' as Stocks Surge Higher prices in stores now reflect increases in cocoa in 2023. Since then, the rally has gone into overdrive, and cocoa has more than doubled in price already this year, making it the world's hottest commodity. In just the last three weeks, wholesale beans in New York have jumped more than 47%, exceeding $8,900 a ton — a level that once seemed unthinkable. That means even higher prices for households as those moves feed through to retailers. But alread Show less Read more
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