The Boris bounce that was supposed to have Brits lifting the glasses after a decisive December election didn’t materialize. What’s more worrying is that the market for bars and clubs suffered over the holidays, too. Consequently, Fevertree is forecasting sales expansion there by a percentage in the low double digits this year, compared with 33% in 2019. Fevertree signaled that U.K. growth could accelerate later this year, particularly in comparison with such a difficult 2019. ADADWith Monday’s lurch downwards, Fevertree shares have lost more than 60% of their value compared with their peak in September 2018.

Source: Washington Post January 20, 2020 13:07 UTC