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SODA Stock Fizzles But Lows Finally Hit



August 11, 2011 – Comments (0) | RELATED TICKERS: SODA , KO , PEP

Sodastream International Limited (NASDAQ:SODA) has been one of the leaders in an otherwise ugly market. However, this morning the company reported earnings that did not meet Wall Street expectations. In this bear market environment, any miss on earnings results in a massive stock price collapse. Today, SODA hit a low of $41.23. This looks to be a major support level and most likely markets the bottom in the stock for the day.

Gareth Soloway

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