
Fever-Tree has recently become the preferred tonic brand in the US market overtaking legacy brand Schweppes
(Picture: Fever-Tree)Shares in high flying tonic water brand Fever-Tree slumped today when the company revealed it has been hit by glass and labour shortages and soaring sea freight rates.
In early trading the shares were down almost a quarter, or 292.38p, to 906.62p, their lowest level for six years, after the admission from the former City favourite that the outlook “has materially changed” over the past eight weeks.