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.

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Source Fool.com