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0 0.000862254796292286 0.00173959905151973 -0.000754472946755693 -0.0094848027592153 -0.0101314938564346 -0.0232808794998922 -0.0206941151110153
Stock impact report

Vita Coco stock pops on tariff relief. Chairman explains why. [Yahoo! Finance]

The Vita Coco Company, Inc. (COCO) 
Company Research Source: Yahoo! Finance
The Vita Coco Company co-founder and executive chairman, Michael Kirban, sits down with Julie Hyman to discuss the latest update on the company's operations under President Trump's tariffs. To watch more expert insights and analysis on the latest market action, check out more Market Catalysts Video Transcript Speaker A Vita Coco shares are rising after the company released a statement on tariff relief, saying the average tariff rate for its products arriving in the United States will decrease from the previously announced 23% to about 6%. This comes after the White House announced relief from reciprocal tariffs for certain agricultural products that includes coconuts and coconut water. Speaker A Joining me now is Michael Kirban, the Vita Coco Company co-founder and executive chairman. Thanks so much for being here. Michael Kirban Thanks for having me. Speaker A So, 6% is obviously better than 23%. Michael Kirban Is better, yes. Speaker A Um, but you also s Show less Read more
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