SodaStream stock is still in free fall and the company announced yesterday that it is dumping its apartheid digs in the occupied West Bank. SodaStream says it plans to move to the heavily subsidized Idan HaNegev Industrial Park /Lehavim Industrial zone, 1,100-acre “development zone” in the Negev desert where Palestinian Bedouins are being forcibly removed by the Israeli government. Although the move from the occupied territories is certainly a victory, it’s not enough for boycott activists.
SodaStream makes its seltzer devices under apartheid conditions in the occupied territories and has been the target of international boycott efforts. No wonder its stock, once at $64 is now at $22 and going nowhere fast.
Things seem to be going from bad to worse for SodaStream. Here’s the news. Last…
SodaStream stocks have been jumping around this week after a Globes report surfaced out of Israel that…
Rafi Gozlan, the chief economist at Leader Capital Markets, one of Israel’s top investment banks, is…
On January 15 we reported SodaStream stocks had plunged that Monday morning after the announcement Johansson…