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Why is Monster Beverage Corp (MNST) Stock down?

We've noticed a 10.93% decline in Monster Beverage Corp (MNST) stock during the 2024-08-08 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!
28 Mar, 2023:

The company decided to make 2-for-1 stock split, it would mean that the company has increased the number of its outstanding shares by issuing new shares to its existing shareholders. For every one share of MNST that a shareholder owned prior to the split, they would now own two shares after the split.

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beverages_non_alcoholic KOF
$84.64
price down icon 1.84%
$1,265.48
price down icon 0.69%
$32.02
price down icon 1.36%
$27.94
price up icon 1.49%
$45.64
price down icon 0.89%
Cap:     |  Volume (24h):