Shares of Monster Beverage Corp. /zigman2/quotes/205899417/composite MNST +1.43% advanced 3.75% to $88.89 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX -0.53% rising 2.39% to 4,023.89 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -1.10% rising 1.47% to 32,196.66. This was the stock's fourth consecutive day of gains. Monster Beverage Corp. closed $11.00 short of its 52-week high ($99.89), which the company reached on August 10th.
The stock outperformed some of its competitors Friday, as Coca-Cola Co. /zigman2/quotes/209159848/composite KO -1.86% rose 1.88% to $65.72 and PepsiCo Inc. /zigman2/quotes/208744353/composite PEP -0.97% rose 1.95% to $173.72. Trading volume (3.2 M) eclipsed its 50-day average volume of 3.2 M.