Corona, California-based Monster Beverage Corporation (MNST) is a marketer and distributor of energy drinks and alternative beverages in the U.S. and internationally. It offers energy drinks, iced tea, lemonade, juice cocktails, fruit beverages, and more. With a market cap of $53.6 billion, Monster Beverage operates through Monster Energy Drinks, Strategic Brands, Alcohol Brands, and other segments.
The beverage giant has significantly underperformed over the last year. Shares of Monster Beverage are down 11.5% over the past 52 weeks, while the S&P 500 Index ($SPX) has rallied 20.5%. In 2024 alone, MNST stock has dipped 10.7%, while the $SPX has gained 15.8% over the same time frame.
