Cooler Company Yeti Rises to a Record High
- Stock up nearly 70 percent since results in mid-February
- Short interest is elevated, could be a factor behind move
This article is for subscribers only.
Yeti Holdings rose for a third straight session on Wednesday, with the company hitting record levels in the latest move higher for the cooler company.
Shares gained as much as 8 percent on trading volume that was above the daily average over the past three months, though the stock subsequently pared its advance, last trading up 3 percent on the day. The rise came on a mostly negative day for the broader market.