Boston Beer Stock Slips as Buyout Rumors Disappear

Boston Beer Company Inc (NYSE:SAM) stock jumped 22.3% on Friday, after rumors that Japanese beverage company Suntory Holdings was in early negotiations to buy the company. Suntory has since denied the claims, however, and Boston Beer stock is down 7.1% at $291.52 at last look. SAM's Friday pop furthered it from its May 28 five-year low of$254.40, and the shares are still a hefty premium to those levels. Year to date, the equity is down 15.9%. Options bears are targeting SAM at a higher-than-usual volume th ...