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Shares of Monster Beverage (NASDAQ: MNST) were pulling back today after the energy-drink specialist disappointed in its second-quarter earnings report.
It's the battle of the energy drink investments. Is Celsius Holdings or Monster Beverage the better bet on caffeinated beverages right now?
But the energy drink specialists don't look so caffeinated in 2024. Monster's stock is down 20% year-to-date and Celsius is taking a 30% haircut.
Monster Beverage Corporation[2] is an American beverage company that manufactures energy drinks including Monster Energy, Relentless, Reign and Burn. The company was originally founded as Hansen's in 1935 in Southern California, originally selling juice products.
Monster Energy is an energy drink that was created by Hansen Natural Company (now Monster Beverage Corporation) in April 2002. [1] As of 2022, Monster Energy had a 30.1% share of the American energy drink market, [ 3 ] the second-highest after Red Bull .
Bang Energy is an American brand of energy drinks made by Vital Pharmaceuticals, a corporation located in Florida. As of 2023, Bang was the fourth-highest-selling energy drink in the United States, behind Monster, Red Bull and Celsius.
On the off chance you're reading this and aren't familiar, Celsius is an energy drinks company in the same vein as Monster Beverage or Red Bull. It's distinctly different from the industry's two ...
Monster Beverage (NASDAQ:MNST) posted its quarterly earnings results for the first three months of the current fiscal year, impressing analysts and investors alike as the company's profit was ...