Shares of Monster Beverage Corp. /zigman2/quotes/205899417/composite MNST +1.61% rallied 3.25% to $86.65 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +0.16% rising 2.99% to 4,300.17 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -0.42% rising 2.81% to 34,061.06. The stock's rise snapped a three-day losing streak. Monster Beverage Corp. closed $13.24 below its 52-week high ($99.89), which the company reached on August 10th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Coca-Cola Co. /zigman2/quotes/209159848/composite KO -1.71% rose 3.09% to $65.03 and PepsiCo Inc. /zigman2/quotes/208744353/composite PEP -0.22% rose 3.49% to $173.86. Trading volume (3.5 M) eclipsed its 50-day average volume of 3.1 M.