National Beverage: Tread Carefully - From Both Sides

16/12/2017 18:18

When it comes to the Q2 report from LaCroix sparkling water manufacturer National Beverage (FIZZ), the first question is why the stock fell over 10% on the Friday after earnings. The Q2 press release hit the wires at 11:15 a.m. on Thursday (FIZZ often, but not always, releases its quarterly results during the trading day with no notice, one of the many interesting aspects of this increasingly interesting story), and FIZZ wound up closing up 3% that day. The stock then opened modestly up on Friday morning, before a sell-off took place; FIZZ

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