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GameStop soars after a post by the Reddit user Roaring Kitty, while Coherent announces the appointment of a new CEO.
Shares of Boston Beer Company are dipping Monday morning after climbing Friday on a report from the Wall Street Journal that the Sam Adams maker was in talks to sell itself to Suntory, the Japanese beverage giant best known for its high-end whiskeys. Suntory said in a statement to Barron’s: “There is no fact that we are in any negotiations with Boston Beer.” Boston Beer said in a statement to Barron’s: “We are fully focused on our business as an independent company and our return to growth.”