Constellation Brands Stock Pops on Profit, Revenue Beat

Constellation Brands Inc (NYSE:STZ) shares are up 4.2% to trade at $146.41 at last check, after beating profit and revenue estimates for the fiscal third quarter. The upbeat results come amid stable demand for both its Corona and Modelo Especial beer labels.The spirits stock has added 15% since gapping to a Nov. 10, five-year-low of $126.45, and earlier hit its highest level since December amid support from the 40-day moving average. Though shares are now track for its fourth consecutive positive trading se ...