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0.000215563699073186 0.000862254796292286 0.00173959905151973 -0.000754472946755693 -0.0094848027592153 -0.0105626212545806 -0.0232808794998922 -0.0206941151110153
Stock impact report

Why Vita Coco Stock Jumped Today [Yahoo! Finance]

The Vita Coco Company, Inc. (COCO) 
Company Research Source: Yahoo! Finance
Vita Coco expects to pay a significantly lower average tariff rate on its products. 10 stocks we like better than Vita Coco › Shares of Vita Coco Company (NASDAQ: COCO) popped on Monday after the beverage maker said coconut water would likely be among the agricultural products gaining relief from reciprocal tariffs. As of 1:25 p.m. EST, Vita Coco's stock price was up more than 6% after rising as much as 15% earlier in the day. Image source: Getty Images. Lower tariffs should make Vita Coco's coconut water more affordable On Friday, President Trump issued an Executive Order stating that certain agricultural products will no longer be subject to reciprocal tariffs. Tropical fruits and fruit juices were among these products. On Monday, Vita Coco said it expects its popular coconut water products to be exempt from reciprocal tariffs as of Nov. 13. The beverage company does, however, expect the 40% ad valorem duty -- essentially, a tax based on the declared value of goods -- Show less Read more
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