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New Age Beverages Surges Most Since November After Deal With Walmart

  • Walmart will begin selling Marley Mate drink this month
  • Drinkmaker’s shares soar as much as 40 percent intraday
Marley Yerba Mate

Marley Yerba Mate

Source: New Age Beverages Corp.

Updated on

New Age Beverages Corp. jumped the most since early October after the company said its Marley brand drinks will be sold by Walmart Inc.

The natural beverage company is already shipping to Walmart distribution centers and each of the three flavors of Marley Mate will be available at stores this month. The company describes the beverage as “a natural energy drink that has the taste of tea with the uplift of coffee without the crash.”