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Why Boston Beer Stock Was Climbing Today
Shares of Boston Beer (NYSE: SAM) were breaking out today after the craft brewer and malt beverage maker beat top-line expectations in its fourth-quarter earnings report.While the company is still facing a number of challenges, there are signs in the report that the Sam Adams parent is finally starting to turn the corner. As of 10:39 a.m. ET, the stock was up 4.7% on the news.Image source: Getty Images.Continue reading
Shares of Boston Beer (NYSE: SAM) were breaking out today after the craft brewer and malt beverage maker beat top-line expectations in its fourth-quarter earnings report.
While the company is still facing a number of challenges, there are signs in the report that the Sam Adams parent is finally starting to turn the corner. As of 10:39 a.m. ET, the stock was up 4.7% on the news.
Image source: Getty Images.
