Boston Beer Co. (SAM) reported second quarter EPS of $0.83 after the close Tuesday, up from the $0.60 posted last year. The consensus estimate was for EPS of $0.62.
Boston Beer Co. gapped up Wednesday and rose sharply in the first half hour of trade. The stock finished up by $3.96 at $36.33 on the highest volume in 5 months. Shares have been climbing for the last week and a half and broke out to a 9-month high.
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