Monster Beverage Corp (MNST)

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Monster Beverage Corp. stock rises Friday, outperforms market
By: MarketWatch | April 16, 2021

• Shares of Monster Beverage Corp. MNST, +2.31% rallied 2.31% to $98.17 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX, +0.36% rising 0.36% to 4,185.47 and the Dow Jones Industrial Average DJIA, +0.48% rising 0.48% to 34,200.67. This was the stock's second consecutive day of gains. Monster Beverage Corp. hit a new 52-week high, surpassing its previous peak of $96.29, which the company achieved on April 13th.

The stock outperformed some of its competitors Friday, as Coca-Cola Co. KO, +0.66% rose 0.66% to $53.68, PepsiCo Inc. PEP, +1.30% rose 1.30% to $144.16, and Coca-Cola European Partners PLC CCEP, +0.75% rose 0.75% to $54.95. Trading volume (4.3 M) eclipsed its 50-day average volume of 2.0 M.

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