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.