85
Shares of Monster Beverage Corp. sank after hours on Wednesday, after the energy-drink maker reported second-quarter profit and sales that missed expectations, following what management said was a consumer shift away from the convenience stores where energy drinks are often sold.
Source link
You Might Be Interested In
- Why out-of-favor Apple holds the key to tech stocks in the coming weeks
- Hertz swaps out its CEO as it looks to revitalize business after failed EV push
- Government shutdown averted as Congress extends funding
- Dollar General to pay $12 million fine and take steps to make its stores safer
- Here’s how often V-shaped recoveries like April occur
- Goldman Sachs management committee is getting an overhaul: Wall Street Journal
You Might Be Interested In
- ‘I’m a mother in turmoil’: My daughter refuses to see me. She says I didn’t do anything wrong — or right. I have 5 kids. Do I cut her out of my will?
- Why ditching the penny may not cost Americans much
- ‘I have an out-of-state adviser in a Republican state’: How can I tell if his political views influence his investment advice?
- Ackman’s Pershing Square USA says IPO is still happening, despite NYSE delay notice
- I fled our $2.2M home due to domestic abuse. I’m on the loan, but we’re both on the title. My husband won’t sell. What now?
- Kroger to sell its specialty pharmacy business