Up and coming leader of the food brand development industry Aureus Inc (OTC: ARSN) saw its stock record significant gains on Friday. The Aureus stock managed to record gains of as big as 33% but it should be noted that there was no recent news regarding the company that could have led to such a move.
That being said, it might be useful for investors to check out development from back in November last year in order to get an idea about the company and its business. Aureus is best known for its ownership of the Yuengling Ice Cream brand, announced in November that it is going to diversify its offerings in the Atlanta metro area.
The company created a subsidiary for this business. On top of that, the company’s Chief Executive Officer Everett Dickson said at the time that after starting the project, the subsidiary Aureus Micro Markets managed to surpass expectations with regards to sales.