U.S. stock market anomaly | Monster Beverage (MNST.US) rises more than 8%, strong demand for energy drinks, Q3 performance exceeds expectations.

According to the Wisdom Financial APP, on Friday, Monster Beverage (MNST.US) rose more than 8%, closing at $72.04. In terms of news, Monster Beverage adjusted its earnings per share for the third quarter to $0.56, higher than FactSet's estimate of $0.48; net sales were $2.19 billion, exceeding the market's expectation by $90 million. The gross profit margin for the third quarter expanded by 2.5% to 55.7%, surpassing the market's expectation of 1.6%, benefiting from strong demand for energy drinks.