Dairy Giants Gain as Investors Seek Safe Havens Amid Market Turmoil

In a seemingly paradoxical twist, companies like Danone, Nestlé, and others have posted strong gains even as massive U.S.-imposed tariffs wiped billions off global stock markets, according to DairyReporter. The explanation? Investors are seeking safe havens.

Following U.S. President Donald Trump's tariff announcements earlier this week, trillions of U.S. dollars were erased from global stock markets.

However, dairy producers have recorded notable gains, likely due to investors turning to safer, more stable investment options.

Europe-based Danone (+10.10%), Nestlé (+7.26%), and Savencia (+19.61%) saw their largest gains in the past six months. Unilever, headquartered in the Netherlands/UK, also rose by 4.44% this week.

Canadian dairy company Saputo saw a 2.32% increase over the last five days, although its stock is down by -9.98% over the past six months.