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Monster Beverage Corp. stock rises Thursday, still underperforms market

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Terrence Horan

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Shares of Monster Beverage Corp. MNST, -0.08% inched 0.32% higher to $85.60 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, +0.37% rising 1.71% to 4,438.26 and the Dow Jones Industrial Average DJIA, +0.43% rising 1.56% to 34,912.56. The stock's rise snapped a five-day losing streak. Monster Beverage Corp. closed $14.29 short of its 52-week high ($99.89), which the company achieved on August 10th.

The stock underperformed when compared to some of its competitors Thursday, as Coca-Cola Co. KO, +0.89% rose 0.68% to $54.61 and PepsiCo Inc. PEP, +0.76% rose 0.80% to $159.26. Trading volume (3.6 M) eclipsed its 50-day average volume of 1.6 M.

Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.