Why Diageo (DEO) Stock Is Up Today

NEW YORK (TheStreet) -- Shares in Diageo plc (DEO) are up 2.05% to $125.40 on Tuesday afternoon following the announcement that the drink company is teaming up with soccer star David Beckham to launch a new Scotch whiskey called "Haig Club."

"Haig Club" will go on sale later this year and be priced at $65 per bottle.

Must Read: Warren Buffett's 10 Favorite Growth Stocks

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DEO Chart DEO data by YCharts

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

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