Here’s Why Cabela’s Incorporated Stock Climbed 26% in 2016

The $5.5 billion purchase agreement not only came with a hefty premium for shareholders, it brought an end to the uncertainty many Cabela’s shareholders had been facing about the future of the brand. It’s not exactly that the company was struggling, but it had to compete with a major rival in Bass Pro Shops while also dealing with the shift of many consumers to buying online.