Shares of Monster Beverage Corp. /zigman2/quotes/205899417/composite MNST -0.70% shed 2.93% to $86.62 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX -0.88% falling 4.04% to 3,923.68 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -0.82% falling 3.57% to 31,490.07. The stock's fall snapped a six-day winning streak. Monster Beverage Corp. closed $13.27 short of its 52-week high ($99.89), which the company achieved on August 10th.
Despite its losses, the stock outperformed some of its competitors Wednesday, as Coca-Cola Co. /zigman2/quotes/209159848/composite KO +0.29% fell 6.96% to $61.20 and PepsiCo Inc. /zigman2/quotes/208744353/composite PEP -0.04% fell 6.20% to $163.65. Trading volume (3.2 M) eclipsed its 50-day average volume of 3.1 M.