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March 22, 2013
08:34 EDTMNSTMonster Beverage drops after Bloomberg report on energy drinks
The stock is down over 4% in the pre-market after a Bloomberg report out yesterday after the close noted that energy drinks may increase blood pressure and lead to an erratic heartbeat. At the current price of $48.11, support is at $47.37, and then at $45.94. Resistance is at $49.80.
News For MNST From The Last 14 Days
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September 15, 2014
16:15 EDTMNSTMonster Beverage initiated with a Market Perform at Cowen
Target $94.
September 8, 2014
15:43 EDTMNSTMonster Beverage asks court to block NY probe subpoena, Bloomberg says
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September 2, 2014
10:09 EDTMNSTStudy finds adverse heart events associated with energy drinks, ScienceWR says
A study presented at the European Society of Cardiology congress concluded that caffeinated energy drinks can be associated with several adverse heart conditions including angina, cardiac arrhythmia and sudden death, reported Science World Report. Monster Beverage (MNST) markets energy drinks and recently struck a deal to acquire additional energy drink brands from Coca-Cola (KO). PepsiCo also markets energy drinks. Reference Link

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