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Boston Beer (NYSE: SAM) shareholders lost ground to a rising market last month. The stock dropped 20% in August compared to a 1.2% boost in the S&P 500 , according to data provided by S&P Global Market Intelligence . The slump can be tied directly to waning popularit...
Boston Beer's share price has cratered in recent weeks, creating a potential buy-the-drop opportunity for value-seeking investors. While Truly's growth has decelerated, its growth continues to outpace the market, and it continues to gain market share. SAM maintains a strong balanc...
The gradual industry-wide decline in beer consumption, combined with the inexorable rise of craft beer, has presented a challenge for major beer companies. Molson Coors' efforts in above-premium and beyond beer give a plausible path towards shoring up its core business. The combin...
Even with the S&P 500 30% overvalued, incredible blue-chip bargains are still available. Today analysts believe that SAM, TIGR, and TAK could soar 52% to 164% in the next year alone. While I can't predict short-term stock prices, I can tell you that these are high-quality comp...
Entourage holds exclusive rights to sell, market and distribute Boston Beer-branded and licensed non-alcoholic cannabis beverages produced by Althea’s subsidiary Peak Processing Company also enters into supply agreement with Peak to provide cannabinoid-rich input biomass ...
The major averages posted only modest gains on Wednesday. Looking for a little more action? Well, the online gaming sector recorded substantial gains, continuing recent momentum headed into the busiest time of the year for sports betting. Bragg Gaming Group (OTCQX:BRGGF), DraftKings (NASDAQ:D...
Boston Beer Company Inc ( NYSE: SAM ) has lost more than 50% in the stock market since April, and Cowen says the decline is not stopping anytime soon. Cowen analyst downgrades the stock to underperform On Wednesday, Cowen’s Vivien Azer slashed her price target on the ...
The stock market has been on a strong run lately, and investors kept the momentum going on Wednesday morning. Even with companies starting to pay closer attention to the surge in COVID-19 cases from the delta variant, market participants are happy with the rebound they've seen in the econom...
Many growth stocks have been struggling in recent weeks amid uncertainty related to COVID-19 and just how our economic recovery might look in the weeks ahead. Research and consulting company Ipsos confirms that there has been a "significant decline" in consumer confidence in the U.S. in Aug...
Disney 's (NYSE: DIS) blowout third quarter is fueled by growth in Disney+ subscribers. Airbnb predicts record revenue on the horizon. Unity Software 's (NYSE: U) second-quarter report calms shareholder concerns. Boston Beer (NYSE: SAM) and PepsiCo (NASDAQ: PEP...
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2024-07-29 14:38:37 ET Shares of international beer giants Heineken (OTC: HEINY) , Anheuser-Busch InBev (NYSE: BUD) , and Boston Beer (NYSE: SAM) were falling in Monday's trading, down 10.4%, 2.4%, and 3%, respectively, as of 12:38 p.m. ET. These beer giants fell...
2024-07-26 13:21:03 ET Shares of Boston Beer (NYSE: SAM) were moving higher today after the parent of alcohol brands like Sam Adams and Truly hard seltzer posted better-than-expected results in its second-quarter earnings report, even though business continued to decline due to weak...
BOSTON, July 25, 2024 (GLOBE NEWSWIRE) -- The Boston Beer Company, Inc. (NYSE: SAM), today reported financial results for the second quarter ended June 29, 2024. Key results were: Second Quarter 2024 Summary: Depletions decreased 4% and shipments decreased 6.4% Net revenue of ...