Monster Beverage Corp (MNST): Today's Featured Consumer Goods Winner
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.Monster Beverage (MNST) pushed the Consumer Goods sector higher today making it today's featured consumer goods winner. The sector as a whole closed the day down 0.6%. By the end of trading, Monster Beverage rose $1.08 (1.7%) to $66.24 on average volume. Throughout the day, 1,867,644 shares of Monster Beverage exchanged hands as compared to its average daily volume of 1,474,700 shares. The stock ranged in a price between $64.63-$66.55 after having opened the day at $65.41 as compared to the previous trading day's close of $65.16. Other companies within the Consumer Goods sector that increased today were: Quantum Fuel Systems Technologies Worldwide (QTWW), up 7.7%, Callaway Golf Company (ELY), up 7.2%, Castle Brands Incorporated (ROX), up 6.5% and Entertainment Gaming Asia (EGT), up 5.9%.
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