Shares of Hostess Brands moved higher after Seeking Alpha reported, citing people familiar with the matter, that the company cancelled its appearance next week at Barclays’ consumer conference. On August 25, Reuters reported that Hostess is exploring a sale after fielding takeover interest from major snack food makers. Shares of Hostess, which were downgraded this morning at JPMorgan, are up 2% to $28.65 in midday trading.
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