Bridgford Stock Surge: Bridgford Foods Corp.’s common...
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Bridgford Stock Surge: Bridgford Foods Corp.’s common stock rose 16.7% to close at $10.50 a share in Friday’s Nasdaq trading. Officials at the company, which produces convenience foods, said they knew of no particular reason for the stock surge. “The company has continued to do well, we cleared another fiscal year at the end of October, and while final results aren’t available, we’re sure we had our eighth consecutive record year,” said Bob Schulze, chief financial officer of the Anaheim-based company. “And, earlier this week, we announced a three-cent extra cash dividend in addition to the regular dividend.”
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