Hostess Brands gains as Twinkie maker is said to have cancelled from Barclays conf
Justin Sullivan/Getty Images News
Hostess Brands (NASDAQ:TWNK) rose 2.8% as the company is said to have cancelled from Barclays consumer conference next week.
Hostess (TWNK) has cancelled from the Barclay's Global Consumer Staple Conference in Boston next week, people familiar with the matter told Seeking Alpha.
Hostess (TWNK) didn't immediately respond to Seeking Alpha's email request for comment.
The cancellation comes after a Reuters report on Friday that the company is exploring a sale after taking on takeover interest, which sent its shares soaring 22%.
General Mills (GIS), Mondelez (MDLZ) and PepsiCo (PEP) are among the companies that have expressed interest, according to the Reuters report. Hostess Brands (TWNK) would also be a good fit for Hershey (HSY), Morgan Stanley analyst Pamela Kaufman wrote in a note on Sunday.

More on Hostess Brands

Hostess Brands: Good Growth Prospects But Valuation Is Not Attractive Enough
Hostess Brands is cut by JPMorgan with M&A premium seen as baked in
Hostess Brands may be worth $25-$35 a share in takeover - analyst
Twinkie owner Hostess Brands misses estimates for quarterly results
Seeking Alphaâs Quant Rating on Hostess Brands
Earnings data for Hostess Brands
Dividend for Hostess Brands