With a market cap of $75.5 billion, Monster Beverage Corporation (MNST) develops, markets, and distributes a wide range of energy drinks, beverages, and alcohol brands across domestic and international markets. It operates through multiple segments and sells its products through an extensive global network of distributors and retailers.
Shares of the Corona, California-based company have outperformed the broader market over the past 52 weeks. MNST stock has increased nearly 32% over this time frame, while the broader S&P 500 Index ($SPX) has gained 29.1%. However, shares of the company are up marginally on a YTD basis, lagging behind SPX’s 4.3% rise.
