Why Monster Beverage Stock Rallied on Friday
Shares of Monster Beverage (NASDAQ: MNST) charged sharply higher Friday, soaring as much as 11.8%. As of 12:44 p.m. ET, the stock was still up 8%.
The catalyst that sent the energy drink purveyor higher was its robust financial report, which delivered profit that far outpaced expectations.
Image source: Getty Images.
Source Fool.com
