Rochester, NY 8/17/2009 10:12:12 PM
Craft Brewers Alliance, Inc., HOOK, Craft Brewers’ shares Rose Significantly
Craft Brewers Alliance, Inc.,
Shares in Craft Brewers Alliance Inc. gained a market high in the early trading last Friday; this is soon after the company recently release company’s updates on its second quarter earnings and shared information with the investors in a conference call.
“The brand continues to see double-digit growth in this market, suggesting that consumers have formed a strong bond with the brand, purchasing it repeatedly... The company believes that the Kona brand’s growth potential is significant not only from organic growth within its current markets but also from geographic expansion,” officials wrote in a recent quarter filing.
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