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Monster Beverage Corp. - MNST STOCK NEWS

Welcome to our dedicated news page for Monster Beverage (Ticker: MNST), a resource for investors and traders seeking the latest updates and insights on Monster Beverage.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Monster Beverage's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Monster Beverage's position in the market.

Rhea-AI Summary
Monster Beverage Corporation to report Q3 2023 results on November 2, 2023, and host investor conference call.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.04%
Tags
conferences earnings
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Rhea-AI Summary
Monster Beverage Corporation (NASDAQ: MNST) reported a 12.1% increase in net sales to $1.85 billion for the 2023 second quarter, with a 51.4% rise in net income to $413.9 million. The company's Monster Energy® Drinks segment, Strategic Brands segment, Alcohol Brands segment, and Other segment all experienced significant sales growth. Gross profit margins improved, and operating income increased by 40.2%. The company completed the acquisition of Bang Energy, expanding its product portfolio. The press release also announced an upcoming investor conference call.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.95%
Tags
-
Rhea-AI Summary
Monster Beverage Corporation completes acquisition of Bang Energy for $362 million. The acquisition includes Bang Energy beverages and a beverage production facility in Phoenix, Arizona. Monster Beverage expects the Bang brand to fit well within its energy drink portfolio.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.38%
Tags
Rhea-AI Summary
Monster Beverage Corporation (NASDAQ: MNST) will report its second quarter results on August 3, 2023. Co-Chief Executive Officers will host an investor conference call at 2 p.m. Pacific Time to review the financial results and operations. The call will be accessible via a live audio webcast on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.05%
Tags
conferences earnings
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.85%
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none
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.6%
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none
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.27%
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-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.88%
Tags
conferences earnings
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.53%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.73%
Tags
conferences earnings
Monster Beverage Corp.

Nasdaq:MNST

MNST Rankings

MNST Stock Data

57.61B
757.51M
27.38%
68.12%
1.35%
Soft Drink Manufacturing
Manufacturing
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