Red Bull Faces a Challenge in China [Bloomberg Business News]
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: Bloomberg Business News
Thai tycoon Sathien Setthasit plans to pour $300 million into helping his energy-drink company Carabao Group Pcl take on Red Bull in China. A recent slide in the firm’s shares signals investors see a tough fight ahead. The outlay is earmarked for marketing and distribution in the next three years to tap rising Chinese demand for energy beverages, Sathien said in an interview. Sathien is Carabao’s chief executive officer, but is funding the investment via a separate company to avoid pressuring Carabao’s finances. Sathien Setthasit Photographer: Brent Lewin/Bloomberg "China has large growth potential for energy-drink consumption," Sathien, 64, said in his office in Bangkok on Dec. 4. "But marketing costs as a newcomer will be massive. We have to make a big promotional splash to be successful." China offers an energy-drink market that’s set to expand a third to $10.1 billion by 2020, according to researcher Euromonitor International. The challenge f
Show less
Read more
Impact Snapshot
Event Time:
MNST
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MNST alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MNST alerts
High impacting Monster Beverage Corporation news events
Weekly update
A roundup of the hottest topics
MNST
News
- Zacks Industry Outlook Highlights Coca-Cola, PepsiCo, Monster Beverage, Keurig Dr Pepper and Vita Coco [Yahoo! Finance]Yahoo! Finance
- 10 Best Beverage Dividend Stocks To Buy Now [Yahoo! Finance]Yahoo! Finance
- Atlassian (TEAM) Stock Trades Down, Here Is Why [Yahoo! Finance]Yahoo! Finance
- Hot Picks: Three plays in beverage stocks [BNN Bloomberg (Canada)]BNN Bloomberg
- Energy Drink Market Expected to Grow at 5.40% CAGR, Reaching US$ 64,876 Million by 2034 | Future Market Insights, Inc. [Yahoo! Finance]Yahoo! Finance
MNST
Earnings
- 2/28/24 - Miss
MNST
Sec Filings
- 4/9/24 - Form 4
- 4/9/24 - Form 4
- 4/9/24 - Form 4
- MNST's page on the SEC website