Diamonds and Dogs
Monster Beverage Corporation (MNST)
Monster Beverage is a beast today, up 12.67% to $140.54. The beverage company saw its shares rally after beating earnings expectations. For the quarter, Monster announced net sales grew 12% to $605.6 million year over year, with an EPS of $0.72. Analysts were expecting the company to make $0.59 per share. CEO Rodney Sacks said the growth in Japan has been solid and it is quickly becoming their largest international market. Shares of Monster climbed nearly $16.00 today and hit a new 52-week high of $143.89 intraday.
Weight Watchers International Inc. (WTW)
Weight Watchers is slimming down today, down 34.88% to $11.44. The weight management company saw its shares fall after reports a fourth quarter loss. For the quarter, Weight Watchers announced a loss of $16.1 million or a loss of $0.28 per share. Analysts' expected the company to do significantly better, forecasting earnings $0.08 per share. The bad earnings lead to Weight Watchers worse day since their IPO. Shares of the company slipped over $6.00, to a new 52-week low of $10.90.