Sodastream shares surge
Reuters/Business Insider says the Israeli home soda brewmaker's market shares are building up 16 percent, and they've got some interesting investors:
U.S. shares of Sodastream rose as much as 12 percent to $42.25 on Wednesday after the website identified PepsiCo Inc, Dr Pepper Snapple Group or Starbucks Co as the potential investors in the Israel-based company.I guess that means any initial hostility is now over, and they realize why it'd be better to respect Sodastream's legitimacy. That's good.
Labels: Israel, United States
