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SodaStream International Ltd
SodaStream International Ltd. (SODA) 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