Sanford touches record high as value-add strategy may be garnering interest

Mon, 02 Oct 2017

By Rebecca Howard Oct. 2 (BusinessDesk) - Fishing company Sanford shares hit a record high Monday as the company's value-add strategy may be gaining some traction, although trading was light. The stock recently rose 3.3. percent to $7.95, having climbed as high as $8 earlier in the session. It has gained 14 percent so far this year. Last week Amalgamated Dairies, an investment vehicle for the Goodfellow family, said it had raised about $21 million reducing its holding in Sanford to 24 percent from 27 percent, creating a new pool of i...

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