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Lark Distilling Co Ltd(ASX: LRK) shares have started this morning’s session with a bang after the company released its investor presentation to the market late yesterday. At the time of writing, the Lark share price is soaring 21.91% higher to $3.95.
At one point during early morning trade, Lark shares had jumped by almost 26% to a new all-time high of $4.08 before partially retreating.
Let’s take a closer look at what’s behind the company’s share price movement today.
Investor presentation shows fuel in the growth engine
Investors are driving up the Lark share price this morning after the company released its 10-page investor summary. The update briefly outlined sales performance for the quarter, but also provided guidance on the value of Lark Distilling’s whisky which is still maturing.