Why Are Monster (MNST) Shares Soaring Today
What Happened? Shares of energy drink company Monster Beverage (NASDAQ:MNST) jumped 5.9% in the afternoon session after the company reported strong third-quarter financial results that surpassed Wall Street's expectations. The energy drink maker posted revenue of 2.11 billion. The company's bottom line was also impressive, with adjusted earnings per share (EPS) of 0.48. Profitability sa ...