RTTNews | Dec 6, 2021 11:06AM EST

11:05 Monday, December 6, 2021 (RTTNews.com) - Packaged food manufacturing company, Utz Brands, Inc. (UTZ), is trading 5% higher in the Monday market despite no stock-related news coming from the company to boost the shares.

The stock started to plunge after the third quarter reports despite turning to profit and beating Street estimates. Since then, the stock has dropped 15% to the lowest since April 2020.

Currently, the stock is trading at $14.99, up $0.69 or 4.83% since the previous close at $14.30. The stock opened at $14.70 in the morning. In the 52-week period, the shares have ranged between $13.72 and $30.09 per share.

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