Heritage Distilling Holding Company, Inc. shares rise 9.98% premarket after Diageo's annual report highlights strong performance.

Heritage Distilling Holding Company, Inc. rose 9.98% in premarket trading. The company's stock price increase may be attributed to the recent news of Diageo's annual report 2025, which highlights its strong performance and market leadership in the international spirits industry. Diageo reported $20.2 billion in fiscal 2025 net sales, making it 1.4 times larger than its nearest international competitor and the number one in international spirits by retail sales value. This positive news from a major player in the spirits industry could have influenced investor sentiment towards Heritage Distilling Holding Company, Inc.