Lifeway Foods Inc specializes in the production and sale of fermented dairy products, particularly focusing on kefir, a probiotic-rich beverage known for its health benefits. The company is dedicated to promoting wellness through its diverse range of nutritious products, which include various flavors of kefir, yogurt, and other dairy alternatives. Lifeway prioritizes high-quality ingredients and sustainable practices, aiming to cater to health-conscious consumers seeking natural and functional food options. Through innovation and a commitment to community health, Lifeway Foods continues to expand its product offerings and reach in the competitive food industry. Read More
Lifeway Foods' shares jumped after Q2 earnings exceeded expectations, driven by strong volume growth in Lifeway Kefir. Also, Edward and Ludmila Smolyansky file consent statement to change leadership at Lifeway Foods.
As of March 25, 2024, five stocks in the consumer staples sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
Shares of Lifeway Foods, Inc. (NASDAQ: LWAY) traded at a new 52-week high today and are currently trading at $11.49. So far today, approximately 19,340 shares have been exchanged, as compared to an average 30-day volume of 87,931 shares.
