Boston Beer Stock Brushes Off Lackluster Results
SAMBoston Beer(SAM) Schaeffers Investment Research·2024-07-26 22:32

Boston Beer Company Inc (NYSE:SAM) stock is volatile this morning, after the brewing company's second-quarter earnings of $4.39 per share on revenue of $579 million missed analyst estimates. Despite dropping as low as $262.00 in the first few minutes of trading, the equity was last seen up 3.9% at $281.14, on track to snap a seven-day losing streak. Boston Beer stock's recent dip (and today's earlier price action) brought it closer to its May 28 five-year low of $254.40. Year to date, SAM is currently down ...