Why Freshpet Stock Jumped Today

Why Freshpet Stock Jumped Today

Shares of Freshpet (NASDAQ: FRPT) have jumped today, up by 4% as of 12:15 p.m. EDT, after the company reported second-quarter earnings. The special pet food maker beat expectations and raised its guidance for full-year results. The consumer staples company, which makes various pet food and treats, said growth was driven in part by expanded distribution.