Monster Beverage Corporation (NASDAQ:MNST) is up 13.29% in after hours trading at $73.99. MNST shares are rallying right now as the company reports record first quarter profits. Gross sales jumped nearly 27% in the first quarter to $517.3 million, while net sales jumped 27.5% to $454.6 million. Net income rose 38.3% to $76.1 million versus $55 million a year ago. The company has a market cap of 11.38 billion.
Tesla Motors, Inc. (NASDAQ:TSLA) is up 8.12% in after hours trading at $32.50. TSLA cloesd normal trading down 0.43% with 1.7 million shares traded. Tesla announced first quarter results after the close today. Results missed estimates, but shares rose as the company moves the launch of new sedan up. The company has a market cap of 3.14 billion. [Read more...]