Monster Beverage Board Authorizes New $500.0 Million Share Repurchase Program
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
Analysts Bullish on Monster (MNST) After Investor Day
June 15, 2022 11:51 AM EDTMonster Beverage (NASDAQ: MNST) hosted its virtual Annual Shareholder Meeting on Tuesday afternoon.
The company said it is not seeing much change in consumer behavior at this point, with no major change to US trends. However, there was some weakness in Europe in April, although it has improved since.
In addition, management said it understands Red Bull is taking 7% pricing and probably around the same time as Monster.
Further, the company announced a $500 million share repurchase plan.
Here is how Wall Street analysts saw yesterday's... More
