Karat Packaging (NASDAQ:KRT) Shares Gap Up on Earnings Beat

Shares of Karat Packaging Inc. (NASDAQ: KRT - Get Free Report) gapped up before the market opened on Friday following a better than expected earnings announcement. The stock had previously closed at $22.31, but opened at $23.93. Karat Packaging shares last traded at $25.4550, with a volume of 51,427 shares trading hands. The company reported $0.34