Monster Beverage Drops 50% in a Single Session on August 11

Biggest movers · At the close 4:10pm ET

Gainers

ACHRArcher Aviation$6.95+10.9%
AXONAxon Enterprise$640.51+7.4%
SMRNuScale Power$9.82+7.0%
CIFRCipher Mining$17.18+5.2%
DKNGDraftKings$25.32+4.3%

Losers

MNSTMonster Beverage$45.71-50.0%
GPROGoPro$0.62-11.9%
APPSDigital Turbine$13.18-8.4%
DOCNDigitalOcean$120.52-7.1%
APPAppLovin$319.02-5.9%

Monster Beverage closed at 45.71, exactly half its prior close, the single largest move in a 110-name priority list. Archer Aviation topped the winners at 10.9%, with Axon and NuScale both above 7%.

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Monster Beverage lost just over 50% on August 11, 2026, closing at $45.71 and marking the single largest move across a 110-name priority list.

GoPro, Digital Turbine, DigitalOcean, and AppLovin all posted notable single-day declines, yet each was overshadowed by the scale of the Monster Beverage move.

Sources

Mentioned: MNST, ACHR, AXON, SMR, CIFR, DKNG, DOCN, APP

Related Market Updates

Biggest movers · At the close Aug 10, 4:10pm ET

Gainers

ABNBAirbnb$184.35+21.6%
TEMTempus AI$55.36+20.0%
ACHRArcher Aviation$6.2+18.6%
RBRKRubrik$99.15+17.2%
GTLBGitLab$40.74+14.2%

Losers

TTDTrade Desk$13.15-25.6%
MARAMarathon Digital$9.49-10.8%
CIFRCipher Mining$16.67-8.5%
LCIDLucid$6.58-5.8%
ARMArm$271.65-5.2%

Nearly 47 points of spread separated the best and worst names at the close: Airbnb up 21.6% while Trade Desk gave up a quarter of its value at $13.15. Index-level calm is hiding single-stock moves this size.

ACHR Archer Aviation Inc.

Q2 2026

Aug 10, 4:07pm ET

EPS

-$0.34

est -$0.25 -35.7%

Revenue

$5M

est $2M +154.6%

Archer just agreed to buy Boeing's Wisk Aero, Insitu and SkyGrid in exchange for a Boeing equity stake, a deal that would add over $200 million in annual revenue from Insitu alone once it closes by year-end. That dwarfs the quarter's revenue, which beat expectations, while the loss per share missed expectations on a litigation settlement. Next up: Texas eIPP flights targeted this year.

Biggest movers · At the close Aug 7, 4:10pm ET

Gainers

ABNBAirbnb$174.56+15.1%
SOUNSoundHound AI$8+12.9%
COHRCoherent$377.06+12.8%
TEMTempus AI$51.3+11.2%
NVTSNavitas Semiconductor$13.71+10.5%

Losers

TTDTrade Desk$13.83-21.8%
MARAMarathon Digital$9.99-6.2%
CIFRCipher Mining$17.13-5.9%
MNSTMonster Beverage$90.6-3.8%
SNDKSanDisk$1,223.34-2.8%

Earnings split the session at the close: Airbnb's raised revenue outlook lifted it 15.1% while Trade Desk lost nearly a quarter of its value. Travel, optics and AI names carried the session; ad tech and crypto miners absorbed the damage.

MNST Monster Beverage

Regular session

Aug 7, 1:20pm ET

$89.91

-4.14% open $93.79

Monster rarely moves like this, and a 4.1% intraday drop to $89.91 puts the energy drink leader back in play for anyone tracking the category share fight. Next signal is whether buyers defend the $90 line.

DKNG DraftKings Inc.

Q2 2026

Aug 7, 6:43am ET

EPS

$0.09

est $0.19 -53.0%

Revenue

$1.44B

est $1.51B -4.5%

Sportsbook net revenue margin narrowed to 6.8% as promo spend behind the Predictions launch ballooned, leaving earnings missing expectations by more than half. Management still held full-year revenue guidance, so the NFL season becomes the proof point.

MNST Monster Beverage Corp

Q2 2026

Aug 6, 4:23pm ET

EPS

$0.60

est $0.58 +3.6%

Revenue

$2.54B

est $2.43B +4.5%

International sales now make up roughly 46% of Monster's business, up from 41% a year ago, powering a double beat. A 2-for-1 stock split lands after the close on August 10, so keep an eye on the stock into next week.

Biggest movers · At the close Aug 6, 4:10pm ET

Gainers

CLOVClover Health$4.67+12.7%
SOUNSoundHound AI$7.03+9.3%
ALABAstera Labs$340.48+6.9%
JOBYJoby Aviation$8.25+5.8%
FNFabrinet$552+5.7%

Losers

APPAppLovin$334.86-19.9%
BROSDutch Bros$53.79-18.1%
FUBOfuboTV$9.22-13.5%
AXONAxon Enterprise$530.32-13.0%
DUOLDuolingo$121.84-10.0%

Owning expensive growth cost you today: AppLovin closed down 19.9%, with Axon and Duolingo double-digit and near double-digit losers alongside it. The money rotated into AI hardware, where Astera Labs and Fabrinet both finished higher.

AXON Axon Enterprise

Regular session

Aug 6, 3:20pm ET

$520.27

-11.27% open $586.33

A one-day 11.3% haircut to $520 knocks roughly $6 billion off a $46 billion valuation that had been priced for flawless execution. Owners of the body-camera and Taser franchise now need the growth story to reassert itself fast.

AXON Axon Enterprise

Q2 2026

Aug 5, 4:12pm ET

EPS

$1.88

est $1.84 +2.0%

Revenue

$904M

est $876M +3.2%

Axon raised full-year revenue growth guidance to 32% to 34% from 30% to 32%, with future contracted bookings up 41% to $15.1 billion. The AI and drone push is carrying the model. Management speaks at 5:00 PM ET.

Biggest movers · At the close Aug 5, 4:10pm ET

Gainers

APPSDigital Turbine$12.87+35.3%
SHOPShopify$146.1+18.5%
FUBOfuboTV$10.19+6.7%
ANETArista Networks$201.53+5.8%
NVDANVIDIA$221.88+4.7%

Losers

LCIDLucid$6.57-15.5%
ALABAstera Labs$326.99-9.6%
OPENOpendoor Technologies$3.73-9.5%
DKNGDraftKings$21.61-8.5%
SNAPSnap$5.33-8.0%

Digital Turbine's 35% close is the loudest move of the session, with buyers paying up for growth names delivering results, as Shopify also advanced. The pain was just as concentrated: Lucid gave back ground and Astera Labs slid even as AI peers Nvidia and Arista advanced.

APP AppLovin Corp

Q2 2026

Aug 5, 4:06pm ET

EPS

$3.76

est $3.75 +0.1%

Revenue

$1.92B

est $1.94B -0.9%

Revenue grew 53% year over year with adjusted EBITDA margin at 84%, while revenue came in just under expectations. Management guided Q3 revenue to $2.06 billion to $2.09 billion, and the 5 p.m. ET call tests the ad platform's margin trajectory.