date:Nov 29, 2012
Shares of Monster Beverage Corp., which soared on Nov. 27 following the release of a letter from the Food and Drug Administration indicating an easing in concern over regulations for energy drinks, gave back some ground on Nov. 28 but still remained well above the 52-week low of $39.99 set on Nov. 8. Monsters stock closed at $51.97 on Nov. 27 on the NASDAQ Global Select Market, up 13% from $45.88 on Nov. 26, but it was back down to $50.86 in late morning trading on Nov. 28.
The companys share p