Bellring Brands (BRBR) Jumps 9% as Fed Rate Cut Sparks Higher Consumer Spending

We recently published 10 Stocks Boasting the Biggest Gains; 4 Hit Record Highs. Bellring Brands Inc. (NYSE:BRBR) is one of the best performers on Wednesday. Bellring Brands grew its share prices by 9 percent on Wednesday to close at $33.30 apiece as investor sentiment was primarily boosted by a general market optimism, fueled by the Federal Reserve’s third interest rate cut this year. The US central bank on the same day slashed its benchmark rates for the third time by 25 basis points, sparking a rally a ...