Why Monster Beverage's Shares Went Up 16.3% in May
Shares of Monster Beverage (NASDAQ: MNST) went up 16.3% in May, according to data provided by S&P Global Market Intelligence.
The energy drink company saw continued demand for its portfolio of beverages during the first quarter, though growth may stumble temporarily due to weaker demand in April. Shares of the company are up 12.9% year to date and up a whopping 41% from the low of around $51 registered in March.
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Source Fool.com
