Coca-Cola Enterprises (CCE) Moves Higher Following Coca-Cola/Monster Headlines
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Coca-Cola Enterprises (NYSE: CCE) shares are continuing in positive territory Monday on stronger volatility following reports Coca-Cola (NYSE: CCE) may be looking to acquire Monster Beverage (Nasdaq: MNST). For more color, click here.
Implied volatility is up 12.4 percent from Friday's close and 115.5 percent above its annual historical average.
An acquisition of Monster might provide more growth opportunities for Coca-Cola's Western European bottling and distribution partner.
Shares are 2.4 percent higher.
Implied volatility is up 12.4 percent from Friday's close and 115.5 percent above its annual historical average.
An acquisition of Monster might provide more growth opportunities for Coca-Cola's Western European bottling and distribution partner.
Shares are 2.4 percent higher.
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