SodaStream Shares Hit New Low As U.S. Demand Weakens

Investors.com http://ift.tt/1Dqx3jM SodaStream (SODA) shares sank to a new low Wednesday as the company said U.S. demand for its home-carbonation systems fell during the holiday quarter. Revenue tumbled 24.7% in the fourth quarter to $126.5 million, falling short of analysts' expectations for $127.1 million. Earnings shot up to 35 cents a share from 3 cents a year ago, topping estimates for 18 cents. In addition to weak U.S. demand, the company attributed the sales drop to an