- Monster Beverage (NASDAQ:MNST) trades lower after its Q3 earnings report and conference call disclosure of a tussle with Coca-Cola (NYSE:KO).
- Managment says the company is going to arbitration with Coca-Cola over two energy products being launched that it sees as going against its agreement with the beverage giant. Coca-Cola claims the energy drinks fall under an exception in the Monster deal.
- Monster earnings call conference transcript
- Shares of Monster are down 13.0% in premarket trading to $48.66.
- Previously: Margin pressure at Monster Beverage (Nov. 7)
Monster -13% after disclosing fight with Coca-Cola
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About MNST Stock
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Symbol | Last Price | % Chg |
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MNST | - | - |
Monster Beverage Corporation |