Advertisement
Australia markets closed
  • ALL ORDS

    7,937.90
    +35.90 (+0.45%)
     
  • AUD/USD

    0.6452
    +0.0001 (+0.01%)
     
  • ASX 200

    7,683.50
    +34.30 (+0.45%)
     
  • OIL

    81.91
    +0.01 (+0.01%)
     
  • GOLD

    2,312.50
    -33.90 (-1.44%)
     
  • Bitcoin AUD

    102,526.98
    +93.35 (+0.09%)
     
  • CMC Crypto 200

    1,422.18
    +7.42 (+0.52%)
     

Why Boston Beer Stock Jumped 11% This Week

Shares of Boston Beer (NYSE: SAM) outperformed the market this week, as the stock gained 11% through Thursday trading compared to a 3.3% rise in the S&P 500, according to data provided by S&P Global Market Intelligence. The main factor driving Boston Beer's shares higher has been the market's broader recovery. Boston Beer has been hit even harder, with shares down 67% in the past full year compared to an 11% drop in the S&P 500 in that time.