Hershey Option Alert: May 16 $170 Puts at the Bid: 1000 vs 1514 OI; Earnings 5/2 Before Open [est] 

Hershey Option Alert: May 16 $170 Puts at the Bid: 1000 @ $9.45 vs 1514 OI; Earnings 5/2 Before Open [est] Ref=$165.065

Hershey

HERSHEY CO/THE

Hershey is a leading US confectionery manufacturer (around a $54 billion market, according to Euromonitor), controlling around 36% of the domestic chocolate space. Beyond its namesake label, the firm's mix has expanded over the last 85 years and now consists of 100 brands, including Reese's, Kit Kat, Kisses, and Ice Breakers. Hershey's products are sold in about 80 countries, albeit with just a high-single-digit percentage of sales coming from markets outside the US, including Brazil, India, and Mexico. The firm has sought inorganic opportunities to extend its reach beyond its core confection business, adding Amplify Snack Brands and its Skinny Pop ready-to-eat popcorn to its mix, Pirate Brands, and Dot's Pretzels over the past few years.

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([content-module:CompanyOverview, NYSE:HSY)
Iconic candy and snacks manufacturer The Hershey Co. (NYSE:HSY) stock recently hit a 52-week low, sounding alarm bells for value investors.
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