Shares of Monster Beverage (NASDAQ: MNST) gained 7.2% in April 2022, according to data from S&P Global Market Intelligence . That may not sound like much of a boost, but it's an impressive gain when you consider that the S&P 500 (SNPINDEX: ^GSPC) market index lost 8.8% over the same period. Monster delivered solid gains in a tough month for the stock market, as a whole.
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Monster's gains in April hinged on a legal case that's been hanging over the energy-drink maker's head for years.
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How Monster Beverage Shares Rose 7.2% Last Month