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Monster Beverage Jumps Despite Revenue Miss

Coca-Cola appears to have saved Monster Beverage (MNST) from a revenue miss.

Monster jumped 3.6% after its second-quarter financial results fell short of analyst targets but showed progress in the drink maker’s distribution deal with Coca-Cola (KO).

Coke cut a deal in June to acquire a stake in Monster and become its preferred distributor. Monster blames the transition...


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