Ambev Gains Over 13% This Week After Strong Earnings Report
Ambev (ABEV) gained over 13% this week following better-than-expected earnings. The beverage company saw strong growth in Central America and the Caribbean, offsetting weaker performance in Brazil and South America. Increased demand for its no-alcohol beers is also helping Ambev adapt to changing consumer habits.
Topics: Ambev beer industry earnings report market performance