Monster Beverage (NASDAQ: MNST)shares dipped 7% last month, chiefly because the company's first-quarter 2018 results revealed a contraction in gross margin. The "MNST" symbol appeared to be heading for a double-digit decline, but recovered some ground on the last day of the month, as management announced a $500 million share buyback plan that is likely to be executed in rapid fashion.
Why Investors Have Turned Cautious on Monster Beverage Shares
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