Back in September 2023, Utz announced they would be closing down their oldest plant in Hanover – coined the “Carlisle Street Factory”. It was at this time that the company first shared its ...
If UTZ closes above $17.50 on December 20, we would be assigned and earn $0.90 per share on $16.60 per share at risk, or 5.42%. Over a holding period of 24 days, the annualized return would be 82.5%.