4 Consumer Stock Stories for Weekend Shopping
Monster Beverage Corp. (NASDAQ:MNST): Closing price $47.82
Monster shares fell Friday, as health energy drinks are eyed more and more closely as to their impact on health. On Thursday, three Democratic lawmakers sent letters to more than a dozen energy drink makers,including Monster, which is the top domestic seller by volume, asking for more details on their products and marketing claims. Further, some Wall Street analysts think that a short position by a hedge fund also might also have driven Friday’s brusque movements.
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