Goldman Keeps Top Rating on Monster Beverage (MNST); a Trough in Data, Regulatory Fears Overdone

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Monster Beverage (MNST) Gets Hangover as Senators Urge FDA to Exercise Regulatory Authority on Caffeine

September 12, 2012 11:40 AM EDT

Shares of Monster Beverage Corp. (Nasdaq: MNST) are trading lower by 5.6 percent in early trading on Wednesday. Today's downturn is the kicker on a 90-day, 30 percent decline in the stock.

Yesterday, Senators Dick Durbin and Richard Blumenthal wrote a letter to the FDA... More