Golden, Colorado-based Molson Coors Beverage Company (TAP) manufactures, markets, and sells beer and other malt beverage products under various brands. Valued at $9.3 billion by market cap, TAP produces many beloved and iconic beer brands, including Coors Light, Miller Lite, Madri, Staropramen, Miller High Life, and Keystone, among others.
Shares of this brewing giant have underperformed the broader market considerably over the past year. TAP has declined 22.1% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 14.1%. In 2025, TAP stock is down 17.7%, while SPX is up 16.4% on a YTD basis.
