Molson Coors Beverage (NYSE:TAP.A – Get Free Report) shares fell 9.8% during trading on Thursday . The stock traded as low as $43.50 and last traded at $42.6740. 445 shares were traded during mid-day trading, a decline of 11% from the average session volume of 498 shares. The stock had previously closed at $47.32.
Molson Coors Beverage Stock Performance
The company has a 50-day moving average of $43.30 and a 200-day moving average of $47.09.
Molson Coors Beverage (NYSE:TAP.A – Get Free Report) last released its quarterly earnings data on Thursday, April 30th. The company reported $0.62 earnings per share for the quarter. The business had revenue of $2.35 billion for the quarter.
Molson Coors Beverage Company Profile
Molson Coors Beverage Company is a leading global brewer and beverage company with a diverse portfolio of beer, malt beverages and nonalcoholic offerings. Headquartered in Chicago, Illinois, with regional offices in Golden, Colorado and Toronto, Ontario, the company develops, manufactures and sells a wide range of brands to consumers in North America, Europe and select international markets.
The company traces its roots to the 2005 merger of Molson, Canada’s oldest brewery founded in 1786, and Coors, founded in 1873 in Golden, Colorado.
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