The surge added to market-thumping returns for shareholders, who have seen their investment rise by over 80% so far in 2017 and by over 230% in the last three years.
November's rally followed strong third-quarter earnings numbers that the company released early in the month. In that report, SodaStream revealed accelerating sales gains and a solid uptick in profitability. Carbon dioxide canister refill sales, a key indicator of customer engagement, improved by 9%.
CEO Daniel Birnbaum and his executive team raised their full-year guidance and now believe sales will rise 13% in 2017 to $536 million with help from fast-growing international markets over the holiday season.
While that revenue mark would leave the company well below the record it set in 2013, SodaStream is on pace to achieve its highest annual profit result yet thanks to a more efficient production process and higher pricing on its sparkling water machines. If the company succeeds on that score while expanding its market share, its recent stock price gains will be justified.