Monster Beverage Corporation (MNST), headquartered in Corona, California, develops, markets, sells, and distributes energy drink beverages and concentrates. Valued at $53 billion by market cap, the company offers Monster Energy energy drinks, Monster Energy Ultra energy drinks, Monster MAXX maximum strength energy drinks, Java Monster non-carbonated coffee + energy drinks, Caffé Monster non-carbonated energy coffee drinks, and more.
Shares of this beverage company have underperformed the broader market considerably over the past year. MNST has declined 3% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 35.8%. In 2024, MNST stock is down 5.5%, compared to the SPX’s 24.3% rise on a YTD basis.
