SodaStream (SODA) Shares Now Down 11+%; Stock Opened Today's Session Higher
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Downside in SodaStream (Nasdaq: SODA) seems to be intensifying into the close.
After gapping into positive territory at Thursday morning's open, SodaStream shares began ticking lower just minutes after trade began. The stock traded between $33.80 and $33.20 for most of the session, however shares are now sinking, down 11.5 percent to around $31.93.
Volume is very heavy Thursday: about 2.8 million shares have already traded hands, compared to the stock's average volume of about 1.6 million shares.
After gapping into positive territory at Thursday morning's open, SodaStream shares began ticking lower just minutes after trade began. The stock traded between $33.80 and $33.20 for most of the session, however shares are now sinking, down 11.5 percent to around $31.93.
Volume is very heavy Thursday: about 2.8 million shares have already traded hands, compared to the stock's average volume of about 1.6 million shares.
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