Molson Coors Beverage (NYSE:TAP) has agreed to acquire an 8.5% stake in Fevertree Drinks, becoming its largest shareholder, as the Coors Light beer maker looks to expand its U.S. non-alc portfolio through a new strategic partnership,
Molson Coors Beverage has partnered with Fever-Tree Drinks plc to expand its U.S. non-alcoholic drink portfolio. Starting February 1, 2025, Molson Coors will handle the marketing and distribution of Fever-Tree's premium mixers.
Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Molson Coors (TAP – Research Report) and
Fever-Tree Drinks said it reached a long-term partnership with Molson Coors to boost growth in the U.S. and that it would launch a share buyback. The London-listed mixer-maker on Thursday said Molson Coors would acquire an 8.
Molson Coors Beverage (NYSE:TAP – Get Free Report) was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating in a research report issued on Saturday. TAP has been the topic of several other research reports.
The stock's fall snapped a two-day winning streak.
Shares of Molson Coors Beverage Co. Cl B TAP advanced 2.72% to $56.66 Monday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA rising 0.
Molson Coors Beverage Company, previously known as Molson Coors Brewing Company, was formed by the merger of Molson Inc. and Adolph Coors Co. in February 2005. The global manufacturer and seller ...
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 17.37% of Molson Coors Beverage Co Class B (TAP)’s shares, while financial institutions hold 80.26%.
In trading on Monday, shares of Molson Coors Beverage Co (Symbol: TAP) crossed above their 200 day moving average of $56.10, changing hands as high as $57.16 per share. Molson Coors Beverage Co ...
Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Molson Coors Brewing (TAP), which belongs to the Zacks Beverages - Alcohol industry.