DJ Monster Beverage Corp. Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains
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Shares of Monster Beverage Corp. $(MNST)$ advanced 1.25% to $51.69 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.24% to 6,144.15 and the Dow Jones Industrial Average rising 0.16% to 44,627.59.
This was the stock's second consecutive day of gains.
Monster Beverage Corp. closed 15.57% below its 52-week high of $61.23, which the company reached on March 13th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Coca-Cola Co. $(KO)$ rose 1.48% to $70.07, PepsiCo Inc. $(PEP)$ rose 1.19% to $145.81, and Starbucks Corp. $(SBUX)$ fell 0.48% to $112.49.
Trading volume (6.5 M) eclipsed its 50-day average volume of 5.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 19, 2025.
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February 19, 2025 16:50 ET (21:50 GMT)
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