Monster Beverage (MNST) Jumps On S&P 500 Addition
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Monster Beverage Corporation (Nasdaq: MNST) is rising 4 percent after-hours Thursday following news it will be added to the S&P 500.
Monster Beverage will replace Sara Lee Corp. (NYSE: SLE) in the S&P 500, and the post spin Sara Lee stub, which will be renamed The Hillshire Brands Co. (NYSE: HSH), will replace Monster Beverage Inc. in the S&P MidCap 400.
The move will happen after the close of trading on Thursday, June 28.
Monster Beverage will replace Sara Lee Corp. (NYSE: SLE) in the S&P 500, and the post spin Sara Lee stub, which will be renamed The Hillshire Brands Co. (NYSE: HSH), will replace Monster Beverage Inc. in the S&P MidCap 400.
The move will happen after the close of trading on Thursday, June 28.
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