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-0.000344352617079944 -8.60881542700165E-05 -0.00163567493112958 -0.00462465564738291 -0.0059400826446282 -0.0137741046831957 -0.0141184573002755 -0.00731749311294773
Stock impact report

The Weekly Sip: Monster slams claims that stock is overvalued | Starbucks debuts new energy drink lineup [Yahoo! Finance]

Monster Beverage Corporation (MNST) 
Last monster beverage corporation earnings: 2/27 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.monsterbevcorp.com/events.cfm
Company Research Source: Yahoo! Finance
The Weekly Sip is Food Dive's column focused on the latest news in the rapidly changing and growing beverage sector. From inaugural product lines to big investments and controversial topics, this column aims to quench the thirst for developments in the category. Monster Beverage is fighting allegations from an investor claiming the company's stock is overvalued. On Tuesday, Spruce Point Management released a report claiming Monster is misleading investors about the state of the company, saying the energy drink giant faces diminishing sales in the U.S., slow international adoption and increased competition from better-for-you brands like Celsius. The investment firm also said Monster shares trades at an “undeserved premium” to Coca-Cola, which owns 21% of the energy drink company. Monster co-CEOs Rodney Sacks and Hilton Schlosberg blasted Spruce Point's report as “false and misleading” in a statement Wednesday. They stated the company's financial statements are accurate and foll Show less Read more
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