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Monday, May 20, 2024

Monster Beverage Spiking on Talk of Coca-Cola Buyout

Courtesy of Benzinga.

Shares of Monster Beverage Corp. (NASDAQ: MNST) are spiking intra-day on Monday after the Wall Street Journal reported that the company is in acquisition talks with Coca-Cola (NYSE: KO). At last check, MNST shares had jumped more than 17% to $76.85 on the news.


For more Benzinga, visit Benzinga Professional Service, Value Investor, and Stocks Under $5.

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