Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

Why Jim Cramer is optimistic after Magnum Ice Cream's IPO [MSNBC.com]

Unilever PLC American Depositary Shares (each representing One Ordinary Share) (UL) 
US:NYSE Investor Relations: unilever.com/investor-relations
Company Research Source: MSNBC.com
CNBC'sJim CramerMagnum Ice Cream CompanyUnilever"We finally, by the grace of God — or at least, the grace of Unilever — have a pure play ice cream stock, now that The Magnum Ice Cream Company has been spun off and started trading independently," he said. "And, after taking a closer look at the story, I have to say, this one's pretty sweet."Magnum Ice Cream might fare better as an independent company than as part of a giant conglomerate, Cramer suggested. He noted that the company struggled for a while under Unilever but said business has picked up since the dessert maker started spinning off. He indicated the improvement could be in part a result of the company's autonomy and ability to concentrate on the product.Cramer cited comments from Magnum Ice Cream CEO Peter ter Kulve, whotold CNBCCramer stressed that Magnum Ice Cream is the biggest player on the field as it owns some of the world's largest brands: Wall's, Ben & Jerry's, Cornetto, Breyer's, Good Humor, Klondike, its namesake, Show less Read more
Impact Snapshot
Event Time:
UL
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for UL alerts
Opt-in for
UL alerts

from News Quantified
Opt-in for
UL alerts

from News Quantified