Monster Beverage Shares Rally On Earnings Beat

MarketWatch Pulse

Monster Beverage Corp. shares junmped in the extended session Thursday after the beverage maker topped Wall Street estimates. Shares climbed 7.1% to $133.61 on moderate volume. The company reported fourth-quarter earnings of 72 cents a share on revenue of $696.3 million. Analysts surveyed by FactSet expected 59 cents a share on revenue of $585 million.

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