Performance Food Group Stock Plunges Following Merger Talks With US Foods Terminated

Shares of Performance Food Group (PFGC) plummeted in pre-market trading Monday, November 24th, 2025, dropping by 4.3% to $92.50 as the company and US Foods ended their merger discussions. The two food distributors had been exploring a potential business combination since July 2025, but ultimately decided to pursue separate strategies instead after evaluating regulatory considerations and potential synergies.