The "Chart of the Day" is Flowers Foods (FLO), which showed up on Thursday's Barchart "All-Time High" list. Flowers Foods posted an all-time Thursday at $27.81 and closed up +0.11%. TrendSpotter has been long since Nov 16 at $22.32. In recent news on the stock, Flowers Foods said Thursday that it offered to buy 20 bread plants and 38 depots from bankrupt Hostess Brands for $355 million, which may be increased to $360 million if certain license rights are included in the sale. Flowers Foods also said it agreed to purchase the Beefsteak bread brand for $30 million. Flowers Foods, with a market cap of $3.762 billion, is one of the largest producers and marketers of a full line of frozen and non-frozen bakery and dessert products in the United States. Flowers Foods consists of Flowers Bakeries and Mrs. Smith's Bakeries.
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