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Hershey Shares Drop 1.7% as Margin Rebound Faces Pressure from El Niño Effects
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Hershey Shares Drop 1.7% as Margin Rebound Faces Pressure from El Niño Effects
HERSHEY, Pennsylvania, August 18, 2026, 05:35 EDT — Cash trading remained shut in the U.S., while premarket activity continued. Meteorologists estimate the likelihood of a very strong El Niño at over 90%. WisdomTree reports that each major El Niño in the past 55 years led to a decline in cocoa production. Hershey's adjusted gross margin…
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