Samuel Adams Logo (Boston Beer Co)

Boston Beer Co. share price hits all-time high during Tuesday trading

Shares of Boston Beer (SAM) hit a new all-time high during Tuesday’s trading session. The move was fueled by the announcement of Samuel Adams branded whiskey in new blends. Shares briefly traded at $120 a share before closing at $116.05.

As the author notes, strange to see so much activity on an announcement that was de minimis in nature. Here is the stock chart.

via Seeking Alpha.

 

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