Hansen Natural Corporation (NASD: HANS) maker of Monster Energy Drink Stock
Hansen Natural Corporation (NASD: HANS) maker of Monster Energy Drink has seen their stock go down a bit in the last few months.
The beverage maker had a 52 week high of $68.40 and today it had a low of $28.51 per share with volume of 20,857,030.
What does this mean for Energy Drinks, for the New Age Beverage or even from Monster? Is the Energy Drink Category slipping? Are Sales decreasing?
No, they are not. The new age beverage category that includes Energy Drinks is still strong, still growing, expanding, selling.
The stock price decline may reflect, like in many cases, a natural correction due to profit taking, the economy, or many other circumstances.
Read more about Monster Energy Drink and Hansen’s Stock at Fortune Magazine
What’s new in the “Energy Drink Category”? Energy Shots! The small 2 oz shots you see in convenience stores. Keep you eyes out for them and the impact they will have on the industry.
Thanks,
Jorge Olson
Labels: Energy Drinks
2 Comments:
I love Monster but gave it up 'cause the doctor said energy drinks like monster cause impotence.
Wow this is a great resource.. I’m enjoying it.. good article
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