Published on 4 Dec 2021 on Market Watch
National Beverage Corp. stock outperforms market on strong trading day
Shares of National Beverage Corp. advanced 1.29% to $51.78 Friday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index falling 1.92% to 15,085.47 and Dow Jones Industrial Average falling 0.17% to 34,580.08. The stock's rise snapped an eight-day losing streak. National Beverage Corp. closed $46.44 short of its 52-week high ($98.22), which the company achieved on January 27th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Reed's Inc. fell 3.59% to $0.37, Monster Beverage Corp. rose 0.89% to $83.70, and PepsiCo Inc. rose 2.55% to $164.71. Trading volume (265,738) eclipsed its 50-day average volume of 219,195.