Monster Beverage lower following annual meeting

Shares of Monster Beverage (MNST -3.3%) track lower after the firm's annual meeting comes and goes without any major product or partnership announcements.

Execs indicated during the Q&A session that the company will stick to its strengths this year to protect its brand. The company doesn't want to "jump the shark" by extending too far.

Monster Beverage annual meeting webcast

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Comments (1)
  • redarrow5150
    , contributor
    Comments (1375) | Send Message
    I listened to webcast and this headline confused a 45 minute meeting thinking that MNST wasn't innovating which is not what they said. They launched products like never before last year including the highly successful Monster Muscle. What they said was when they refocused on it's core beverage "Monster Green" they saw record sales. No different from Coke being focused on the original Classic Coke. Whoever wrote this I really wonder if they listened intently on the webcast?
    4 Jun 2014, 08:18 AM Reply Like
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