The Amplify Snack Brands Story
Amplify Snack Brands (NYSE:BETR) came public in early August at $18/share but traded down from the start to reach the current $13-14 level. The company is generating very attractive margins from their flagship “Skinny Pop” ready-to-eat popcorn but many investors questioned the valuation. The short thesis can be summed up as “A $1B valuation for a small-cap popcorn company?!”
Amplify is going after the healthier, more expensive segment of the . . .