Monster Beverage Corp. stock falls 1.75 percent to $76.86
Updated
Updated · MarketWatch · Apr 27
Monster Beverage Corp. stock falls 1.75 percent to $76.86
11 articles · Updated · MarketWatch · Apr 27
The decline on Monday ended Monster Beverage Corp.'s three-day winning streak and left shares 12.04% below their 52-week high of $87.38 set on February 27.
Monster's stock underperformed competitors, with Coca-Cola, PepsiCo, and Starbucks also posting losses but to a lesser extent.
Trading volume was notably low at 3.4 million, falling 2.3 million below the company's 50-day average, amid a mixed session for major US stock indices.
After a 197,800% return this century, has Monster Beverage's incredible growth story finally peaked?
Monster's stock fell after strong earnings. Is its high valuation finally becoming a liability?
Monster wrote down its alcohol brands. Was the move beyond energy drinks a strategic misstep?
With Celsius gaining market share, is Monster's dominance in the energy drink market threatened?
Will Monster's push into emerging markets sacrifice its high profit margins for global growth?
As consumers demand 'clean' energy, can Monster's brand image adapt to the new wellness trend?