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Despite adverse COVID-19 impacts, Monster Beverage (MNST) gains from improved sales as stores reopened in the latter half of Q2. Also, the solid online show cushions the top line.
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Monster Beverage Corporation [2] is an American beverage company that manufactures energy drinks including Monster Energy, Relentless, Reign and Burn.The company was originally founded as Hansen's in 1935 in Southern California, originally selling juice products.
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Monster Beverage (MNST) delivered earnings and revenue surprises of 8.70% and 2.56%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?
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