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SAM - Why Boston Beer Stock Was Falling Today
January, 14 2022 01:56 PM
Boston Beer Company Inc.
Shares of Boston Beer (NYSE: SAM ) were down 9.8% as of 12:17 p.m. ET on Friday after the company slashed its full-year earnings guidance.
The news follows a sharp slowdown in hard seltzer demand that began last summer, sending Boston Beer's stock price down 51% over the past year.
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Why Boston Beer Stock Was Falling Today
Stock Information
Company Name:
Boston Beer Company Inc.
Stock Symbol:
SAM
Market:
NYSE
Website:
bostonbeer.com
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