Monster Beverage volatility low into energy drink study Monster Beverage April put option implied volatility is at 34, May and June is at 42; below its 26-week average of 44 according to Track Data, suggesting decreasing movement after a Bloomberg report said a study suggested energy drinks may increase blood pressure and lead to erratic heartbeat.
News For MNST From The Last 14 Days
Check below for free stories on MNST the last two weeks.
Monster Beverage channel data relatively in-line, says Jefferies Jefferies said Total energy drink sales were up 5.9% year-over-year in the C&G channel for the four weeks ended August 2, down from +6.6% in the prior 12-weeks ended July 5. The firm said the data is relatively in-line with Monster Beverage Street expectations.
On The Fly: Analyst Downgrade Summary Today's noteworthy downgrades include: CNOOC (CEO) downgraded to Hold from Buy at Jefferies... Guess (GES) downgraded to Neutral from Overweight at Piper Jaffray... Ingersoll-Rand (IR) downgraded at RW Baird... Lehigh Gas (LGP) downgraded to Neutral from Buy at Ladenburg... Lexicon (LXRX) downgraded to Hold from Buy at Gabelli... Monster Beverage (MNST) downgraded to Neutral from Buy at SunTrust... Nobel Biocare (NBHGY) downgraded to Hold from Buy at Berenberg... Saint Joe Co. (JOE) downgraded to Market Perform from Outperform at Raymond James... SolarCity (SCTY) downgraded at RW Baird.