PepsiCo could soon announce a deal to buy Rockstar Energy Beverage for $3.9 billion--WSJ [MarketWatch]
Monster Beverage Corporation (MNST)
Last monster beverage corporation earnings: 2/27 04:05 pm
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Source: MarketWatch
PepsiCo could soon announce a deal to buy Rockstar Energy Beverage for $3.9 billion--WSJ PepsiCo Inc. PEP, +3.06% is getting close to a deal to buy Rockstar Energy Beverages for $3.85 billion, according to a Wednesday report in The Wall Street Jounal . The deal could be announced as soon as Wednesday, the WSJ report said, citing people familiar with the matter. Rockstar, which PepsiCo distributes, is one of several major energy drink brands which includes Red Bull Gmbh and Monster Beverage Corp. msnt . Rockstar was founded in 2001 by Russell Weiner. PepsiCo's stock, which was indicated down nearly 4% in premarket trading, has lost 2.2% over the past three months through Tuesday while the S&P 500 SPX, +4.94% has shed 8.3%.
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MNST
News
- MNST Stock at 27.6X P/E: Growth Opportunity or Warning Sign? [Yahoo! Finance]Yahoo! Finance
- Why Investors Were Ice-Cold on Celsius Holdings This Week [Yahoo! Finance]Yahoo! Finance
- FedEx (NYSE:FDX) Misses Q4 Revenue Estimates, But Stock Soars 9.5% [Yahoo! Finance]Yahoo! Finance
- Analyzing PEP Stock Drop to 52-Week Low [Yahoo! Finance]Yahoo! Finance
- Monster Beverage Co. (NASDAQ: MNST) had its price target lowered by analysts at BNP Paribas from $46.00 to $45.00. They now have an "underperform" rating on the stock.MarketBeat
MNST
Earnings
- 11/7/24 - Miss
MNST
Sec Filings
- 12/17/24 - Form 4
- 12/17/24 - Form 4
- 12/13/24 - Form 144
- MNST's page on the SEC website