Why Karat Packaging Stock Soared Today
Karat Packaging (NASDAQ: KRT) may not be a household name, but consumers have most likely used their products. The maker of containers, cups, lids, utensils, straws, and food packaging just reported sales growth of almost 14% in Q4.
Investors reacted by sending shares soaring by 17.9% as of 1:35 p.m. ET.
Image source: Getty Images.
Source Fool.com
