SodaStream's investors get impatient as stock declines, sales fall
Add BT as a preferred source
New York
SODASTREAM International Ltd's promise to invigorate sales by reinventing itself as a health-conscious provider of sparkling-water machines is eliciting a response from investors: "Prove it."
The Israeli company's stock has plunged 17 per cent in New York trading from this year's high last month, compared with a 2.1 per cent drop in the Standard & Poor's 500 Index in the span. The stock tumbled a record 11 straight trading days before climbing on Friday.
TRENDING NOW
Ng Khee Siong, managing director of Borneo Motors parent Inchcape Singapore, resigns
Early payout from Philippines’ Maharlika Investment Fund raises eyebrows over its true nature
Malaysia data centre boom enters ‘reset mode’ as resource, funding realities bite: S&P
Kingsford Group inks deal to buy Tan Boon Liat Building at lower reserve price of S$950m
