
With a market cap of $11.2 billion, Molson Coors Beverage Company (TAP) manufactures, markets, and sells beer and other malt beverage products in the Americas and internationally. Founded in 1774, the Golden, Colorado-based company offers flavored malt beverages, including hard seltzers, craft spirits, and ready-to-drink beverages.
Shares of the beverage giant have underperformed the broader market over the past year and in 2025. TAP stock has declined 4.6% over the past 52 weeks and 3.2% on a YTD basis. In comparison, the S&P 500 Index ($SPX) has returned 12.3% over the past year and marginally in 2025.