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Constellation Brands Stock Is Up Because Beer Sales Boosted Earnings

(STZ) stock popped Wednesday morning after the Corona importer’s latest quarterly earnings beat Wall Street’s consensus estimates. Constellation Brands stock (ticker: STZ) has gained 22% in the past year, trailing the S&P 500 index’s nearly 26% gain. David Klein, who was Constellation’s chief financial officer, is set to take over as Canopy’s chief executive officer on Jan. 14. Read More...

(STZ) stock popped Wednesday morning after the Corona importer’s latest quarterly earnings beat Wall Street’s consensus estimates. Constellation Brands stock (ticker: STZ) has gained 22% in the past year, trailing the S&P 500 index’s nearly 26% gain. David Klein, who was Constellation’s chief financial officer, is set to take over as Canopy’s chief executive officer on Jan. 14.

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