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Monster Beverage Climbs Off Worst Levels But Remains Firmly Negative

After an early move to the downside, shares of Monster Beverage (MNST) have climbed off their worst levels but remain firmly negative in afternoon trading on Thursday. Monster is currently down by 14.5 percent after hitting its lowest intraday level in five months.

The initial decline by Monster Beverage came after the energy drink maker reported weaker than expected fourth quarter results.

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