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Why Boston Beer Jumped 15% Today

TheMotleyFool

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Shares of Sam Adams brewer Boston Beer (NYSE: SAM) are up 15% as of 10:30 a.m. EDT today, after the company reported strong third-quarter results late yesterday. In addition, the company significantly increased its 2020 earnings outlook.

The company reported a 30% increase in net revenue and a more than 80% jump in net income compared with the previous-year period.

Source Fool.com

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