29
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
- No. 1 NFL pick Caleb Williams asked for his $40 million contract to go into an LLC. Can he do that?
- Oil ends lower on Israel-Hamas cease-fire talks, Canada’s Trans Mountain pipeline expansion
- Grayscale files plans for ‘mini’ bitcoin fund, two months after GBTC’s conversion to ETF
- Dow futures sink nearly 400 points after a painful week on Wall Street
- This spot-on recession indicator is flashing red
- Autodesk’s annual meeting still on track after judge denies investor’s attempt to delay
You Might Be Interested In
- Stocks are up but investor behavior is ‘fragile.’ Is the bull market still in its early stages?
- Bitcoin surges and reclaims $61,000 level after shooting attack on Trump
- Ackman’s Pershing Square USA says IPO is still happening, despite NYSE delay notice
- RingCentral calls for lower 2024 sales than Wall Street expects; stock falls
- What to stream in March 2024: Taylor Swift, ‘3 Body Problem,’ ‘Shōgun’ are tops
- Autodesk’s annual meeting still on track after judge denies investor’s attempt to delay
