DJ Monster Beverage Corp. Stock Falls Thursday, Underperforms Market
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Shares of Monster Beverage Corp. $(MNST)$ shed 1.24% to $50.90 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.04% to 42,342.24 and the S&P 500 Index falling 0.09% to 5,867.08.
This was the stock's fifth consecutive day of losses.
Monster Beverage Corp. closed $10.33 short of its 52-week high ($61.23), which the company reached on March 13th.
Trading volume (7.0 M) eclipsed its 50-day average volume of 5.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 19, 2024.
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(END) Dow Jones Newswires
December 19, 2024 16:53 ET (21:53 GMT)
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