What to Like About New Age Beverages' Q3 Results Despite Its Stock Sinking

You might think that New Age Beverages (NASDAQ: NBEV) has had nothing but bad news in 2019 considering that the stock has lost more than half its value year to date. But the beverage maker actually has announced some positive developments over the last few months, including winning approval for selling its CBD drinks in Japan.

New Age had some bad news when it announced its third-quarter results before the market opened on Thursday, along with some good news. Here are the highlights from the Q3 update.

Image source: New Age Beverages.

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Source Fool.com