November 22, 2024

Monster Beverage says it’s been hit harder as a ‘blue-collar brand.’ It plans to raise prices anyway.

 Monster Beverage says it’s been hit harder as a ‘blue-collar brand.’ It plans to raise prices anyway.

Monster Beverage says it’s been hit harder as a ‘blue-collar brand.’ It plans to raise prices anyway.

Monster Beverage Corp. was one of the S&P 500’s biggest laggards on Thursday after the energy-drink maker’s quarterly results, reported Wednesday, spooked investors.