Monster Energy (MNST) Drives Consumer Staples ETF (FXG) Higher
Tweet
Share
E-mailGet Alerts MNST Hot Sheet
Join SI Premium – FREE
Shares of Monster Beverage (NASDAQ: MNST) are up close to 10 percent today after the company beat earnings estimates by 3c. Shares of MNST spiked last month on reports Coca-Cola (NYSE: KO) might acquire it, but those reports were denied by Coca-Cola.
MNST has a 4.85 percent weighting in Consumer Staples AlphaDEX (NYSE: FXG), an ETF that tracks stocks in the consumer staples sector that generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) screening methodology.
FXG was up 1 percent in late trading on Thursday.
MNST has a 4.85 percent weighting in Consumer Staples AlphaDEX (NYSE: FXG), an ETF that tracks stocks in the consumer staples sector that generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) screening methodology.
FXG was up 1 percent in late trading on Thursday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Conagra Brands falls on weak fiscal 2027 earnings outlook
- Brinker Int'l (EAT) PT Raised to $204 at KeyBanc
- Highway Holdings (HIHO) Misses Q4 EPS by 24c
Create E-mail Alert Related Categories
ETFsRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
