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The Boston Globe

Business

Monster Beverage

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The energy drink maker ended the day down 1.3 percent after saying revenue growth had slowed. The shares had been down as much as 11 percent. Per-share profit of 47 cents was short of analysts’ estimates, and revenues grew just 14 percent, about half the pace of the three previous quarters, Motley Fool reported. The recent FDA investigation into the safety of Monster’s Energy drinks has also weighed on the stock.

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