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.
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