Bloomberg News

SodaStream Jumps to Three-Month High in New York on Europe Sales

June 27, 2012

SodaStream International Ltd. (SODA:US) rose to the highest level in three months in New York after the Israeli maker of soda machines said its European business remains “healthy.”

Shares of the Airport City, Israel-based company jumped 4.9 percent to $39.50 by 3:24 p.m. in New York, the highest level since March 2. The shares are headed for a 17 percent advance this quarter, the biggest three-month gain in 2012.

SodaStream pared a loss of as much as 1.2 percent after Yonah Lloyd, executive director of corporate development, spoke at an Oppenheimer & Co. consumer conference today.

To contact the reporter on this story: Christine Harvey in New York at charvey32@bloomberg.net

To contact the editor responsible for this story: Tal Barak Harif at tbarak@bloomberg.net


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Companies Mentioned

  • SODA
    (SodaStream International Ltd)
    • $21.1 USD
    • 0.11
    • 0.52%
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