Spruce Point goes short on Monster Beverage $MNST, citing 25–40% downside risk 📉
The short seller flagged concerns over:
– Aggressive accounting
– Financial strain with Coca-Cola $KO
– Misclassified revenue from its Tour Water brand
– Margin pressure from Amazon $AMZN
– Insider https://t.co/Lsi5ql62MO
@Benzinga
Monster Beverage says it’s been hit harder as a ‘blue-collar brand.’ It plans to raise prices anyway.
MarketWatch
Monster Beverage sales miss estimates on lower customer spending https://t.co/SJn5n3imoQ https://t.co/2KWI2Q6biJ
@Reuters
Energy drinks M&A: Monster Beverage closes in on deal for rival Bang
SeekingAlpha
Monster Beverage has outperformed Amazon to be the best performing stock in the S&P 500 over the last 30 years.
(h/t @charliebilello) https://t.co/ykwwnuG33O
@APompliano
The Ratings Game: Monster Beverage stock on track for a record high today. Here’s what analysts like.
MarketWatch
Monster Beverage, the maker of Monster Energy drink, persuaded a California federal court to block rival Vital Pharmaceuticals, maker of Bang Energy, from marketing its drinks as containing ‘Super Creatine’ https://t.co/mhdfiRFWDA https://t.co/fbZlFzWpkC