Why Freshpet Stock Leapt 24% Higher in May
Shares of Freshpet (NASDAQ: FRPT), the maker of fresh food for dogs and cats, were soaring last month after the company reported better-than-expected, first-quarter earnings, and pet stocks rallied more broadly, potentially signaling the end to a long slump in the industry.
As a result, the stock finished May up 24%, according to data from S&P Global Market Intelligence.
As you can see from the chart below, Freshpet stock jumped following the earnings report early in the month and then continued to gain from there.
Source Fool.com
Freshpet Inc. Aktie
63,38 €
0,76 %
Freshpet Inc. sticht etwas positiv hervor mit 3 Buy- und 0 Sell-Einschätzungen.
Trotz eines Kursziels von 62 € für Freshpet Inc., das unter 63.38 € liegt, zeigt sich ein Potenzial von -2.18%.
