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Why NewAge Stock Popped on Tuesday

TheMotleyFool

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NewAge (NASDAQ: NBEV) shareholders trounced the market on Tuesday. The stock was up 13% as of 3 p.m. EDT, even as the S&P 500 ticked slightly higher, according to data provided by S&P Global Market Intelligence.

The rally just erased part of the losses that investors have seen in recent weeks, though. It was sparked by a well-received earnings report from the organic and health-foods specialist.

Image source: Getty Images.

Source Fool.com

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