Trading Alert: SodaStream Rising on Very Heavy Volume For Second Day

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On Thursday, shares of SodaStream International
SODA
are trading 5.35% higher at $39.77. The move is related to a company announcement of a branding deal with Kraft Foods
KFT
. Around 3.2 million SODA shares have already traded on the session compared to a 3-month daily average of 1.3 million. On Wednesday, SODA was also attracting heavy volume and the stock is now trading at multi-month highs. In just the past 5 trading days, SODA shares have risen better than 22%. This is a name that short-term traders may want to keep on their radar going forward. SodaStream International Ltd., formerly Soda-Club Holdings Ltd., along with its subsidiaries, is engaged in developing, manufacturing and marketing home beverage carbonation systems and related products.
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