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Why Monster Beverage Stock Jumped on Thursday

TheMotleyFool

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Why Monster Beverage Stock Jumped on ThursdayPhoto, wide shot, wide-angle lens, Home decor store, Midday, harsh overhead sunlight, directional sunlightt, photo by Marc Adamus: https://img.theapi.app/temp/1f534af1-8f1f-47f4-aa9f-66269ecafb79.png

Investors in Monster Beverage (NASDAQ: MNST) were feeling energized on Thursday. The stock jumped 5% by 2 p.m. ET today compared to a 0.4% uptick in the wider market, according to data provided by S&P Global Market Intelligence.

The beverage giant's shares are still trailing the S&P 500 in the past year, though, rising 15% through late February compared to the index's 28% rally.

Thursday's spike was powered by good news on the earnings front.

Source Fool.com

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