Fevertree Drinks PLC ( LON:FEVR ), might not be a large cap stock, but it saw significant share price movement during...
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The company, founded in 2003, said there was strong demand for its mixers for rum, vodka and other spirit drinks in the UK, while it continued to be the biggest contributor to growth in the carbonated mixer category in the United States. Fevertree's shares gained more than 3% in early trade. The London-based company, which sells most of its drink mixers in glass bottles, had earlier struggled with rising glass costs in Britain due to energy price hikes following the Russia-Ukraine conflict.