News Summary: Monster shares unscathed
BAD TASTE: The FDA is investigating reports of 13 deaths of people who drank 5-Hour Energy drinks made by Living Essentials. The reports claim people suffered adverse effects but do not prove that the drink was the cause. The FDA will take action if it can link the deaths to the drink.
MONSTER PROBLEM: It’s the latest in a string of bad news for energy drinks makers, who are facing increasing scrutiny.
DOWN THE HATCH: Monster’s shares were unscathed Thursday but have fallen sharply since this summer. It stood by the safety of its products.
(Copyright 2012 by The Associated Press. All Rights Reserved.)