Middleby Enhances Food Processing Group With Gorreri Acquisition [Yahoo! Finance]
The Middleby Corporation (MIDD)
Last the middleby corporation earnings: 2/26 07:00 am
Check Earnings Report
US:NASDAQ Investor Relations:
phx.corporate-ir.net/phoenix.zhtml?c=85145&p=irol-irhome
Company Research
Source: Yahoo! Finance
Middleby's shares lost 3.3% yesterday to close the trading session at $142.18. Based in Italy, Gorreri is a well-known provider of equipment for the baked goods industry. The company currently operates a 50,000-square-foot manufacturing facility, which was expanded to boost its growth. Gorreri generates revenues of about $20 million on an annual basis. The addition of Gorreri's expertise in advanced baked goods solutions, coupled with its innovative manufacturing processes, is expected to strengthen Middleby's position in the food processing end market. The buyout will enable Middleby to add several complementary products to its portfolio, including turbo mixers, injecting, dosing, decorating and ultrasonic portioning solutions. This transaction is consistent with Middleby's policy of acquiring businesses to expand market share, product offerings and customer base. In September 2024, it purchased Emery Thompson, which enhanced the company's product offerings in the frozen desse
Show less
Read more
Impact Snapshot
Event Time:
MIDD
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
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MIDD alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MIDD alerts
High impacting The Middleby Corporation news events
Weekly update
A roundup of the hottest topics
MIDD
News
- The Middleby Co. (NASDAQ: MIDD) had its "buy" rating re-affirmed by analysts at Canaccord Genuity Group Inc.. They now have a $155.00 price target on the stock.MarketBeat
- The Middleby Co. (NASDAQ: MIDD) had its "hold" rating re-affirmed by analysts at Jefferies Financial Group Inc.. They now have a $160.00 price target on the stock, down previously from $170.00.MarketBeat
- Registration Now Open for Specialty Coffee Expo Scheduled for April 25-27, 2025, in Houston, TX; Event is Produced by The Specialty Coffee Association [Yahoo! Finance]Yahoo! Finance
- Outdoor Kitchen Cabinets Market to Grow by USD 1.70 Billion (2024-2028), Driven by Rising Online Sales of Outdoor Furniture, with AI Powering Market Evolution - Technavio [Yahoo! Finance]Yahoo! Finance
- Middleby Acquires Gorreri Food Processing Technology [Yahoo! Finance]Yahoo! Finance
MIDD
Earnings
- 10/31/24 - Miss
MIDD
Sec Filings
- 11/14/24 - Form SC
- 11/8/24 - Form 4
- 11/7/24 - Form 10-Q
- MIDD's page on the SEC website