Why Boston Beer Stock Is Turning Sour Today

Rumors that Suntori was preparing to make an offer for the brewer appear to have been unfounded. On Friday, investors sent shares of Boston Beer (SAM -4.98%) up 22% on reports that the U.S. brewer was in talks to sell itself. Alas, the alleged suitor has poured cold water on that excitement. Shares of Boston Beer were trading down by 8% as of 10 a.m. ET Monday after Japanese whiskey maker Suntory said it was not in discussions to buy the company. Will they or won't they? Boston Beer and Suntory have been wo ...