
Nestlé Shocks Investors: 8% Stock Rally After Blowout Q3 and 16,000 Jobs on the Line
Key Facts: Nestlé’s stock jumped about 8% on Oct. 16 – its steepest one-day gain since 2008 swissinfo.ch ts2.tech. That followed a surprise 4.3% rise in Q3 organic sales (versus ~3.7% expected)