SodaStream (SODA) Shares Volatile as Exec Says Co. Received Approval to Sell Products in Brazil
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Shares of SodaStream (Nasdaq: SODA) went parabolic over the last few minutes of trade as traders are responding to a comment from an exec at Citi's Global Consumer Conference. SodaStream's Yonah Lloyd, director of Corporate Development and Communication said the company has received approval to sell its products in Brazil.
SodaStream shares are currently down about 2.2 percent to $31.09, however hit a session high at $32.05 just after Lloyd's comment.
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SodaStream shares are currently down about 2.2 percent to $31.09, however hit a session high at $32.05 just after Lloyd's comment.
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