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Headquartered in Corona, California, the Monster Beverage Corporation is a holding company that produces, markets and distributes energy drinks, natural soft drinks and concentrates through its consolidated subsidiaries. The company represents such world-known brands as Monster Energy, Burn, NOS energy drinks, Full Throttle, Relentless and Mother. Listed on the NASDAQ, Monster Beverage is included to the NASDAQ-100 and S&P 500 components. Enjoying worldwide popularity, the company has an international team of 1,240 people.
The last of the Magnificent Seven have reported, delivering mixed results. Meanwhile, according to FactSet, the S&P 500 is set for negative earnings growth for Q4, with estimates for the next quarter also downgraded.
14:43, 2 February 2024
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