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Monster Beverage misses Street 2Q forecasts

CORONA, Calif. (AP) _ Monster Beverage Corp. (MNST) on Thursday reported second-quarter net income of $229 million.

The Corona, California-based company said it had net income of $1.26 per share. Earnings, adjusted for non-recurring gains, were 79 cents per share.

The results fell short of Wall Street expectations. The...