Why Freshpet Stock Gained 18% Last Month

Shares of Freshpet (NASDAQ: FRPT) were among the market winners last month as the maker of fresh and natural pet foods posted better-than-expected results in their second quarter earnings report at the beginning of August. That report, along with bullishness in pet stocks, helped lift Freshpet shares up 18% for the month according to data from S&P Global Market Intelligence.

The chart below shows the stock's trajectory in August.

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Source Fool.com