Vital Farms shares jump on report of strategic review including possible sale

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Vital Farms is reviewing strategic alternatives, including a possible sale, according to an Axios Pro report on Wednesday. Shares of the egg producer rose 8.5% in after-hours trading following the report. Vital Farms has a market cap of $430 million, and its shares have dropped 55% since going public in July 2020. The stock carries a short interest of 22%.

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Consumer Staples · 1 stocks
Vital Farms Inc
VITL
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Vital Farms is reviewing strategic alternatives including a possible sale, a potential M&A event for the company.