Here's Why Freshpet Stock Surged Higher Today

Shares of pet food company Freshpet (FRPT 17.35%) surged higher on Monday after the company reported completed financial results for 2023. As of 10:40 a.m. ET, Freshpet stock was up 19% and had hit new 52-week highs.Business is booming for FreshpetIn the fourth quarter of 2023, Freshpet had net sales of $215 million, its highest ever and up 30% from the prior-year period. This was almost$ 12 million more than what management had expected. And the good news is that its growth was driven by a 25% increase in ...