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May 13, 2022, 5:07 p.m. EDT

Monster Beverage Corp. stock outperforms market on strong trading day

MarketWatch Automation

Shares of Monster Beverage Corp. (NAS:MNST) 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 (S&P:SPX) rising 2.39% to 4,023.89 and the Dow Jones Industrial Average (DOW:DJIA) 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. (NYS:KO) rose 1.88% to $65.72 and PepsiCo Inc. (NAS:PEP) rose 1.95% to $173.72. Trading volume (3.2 M) eclipsed its 50-day average volume of 3.2 M.

Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

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