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Molson Coors Beverage Company Class B TAP - News Analyzed: 2,374 - Last Week: 50 - Last Month: 195

↑ Molson Coors Beverage Co. Profits and Shares Surge amidst Announced Acquisitions and Institutional Investors Trust

Molson Coors Beverage Co. Profits and Shares Surge amidst Announced Acquisitions and Institutional Investors Trust
A wealth of information circulation pertains to **Molson Coors Beverage Company**. Notably, the corporation has slated its **2024 Third Quarter Earnings Conference Call** and has announced a regular **quarterly dividend**. Furthermore, the company has just purchased The Rock's **ZOA Energy Brand**, expanding its healthier options portfolio. *Molson Coors* is primarily held by institutional shareholders, which comprise around **83% of its ownership**. Despite suffering a **9.7% loss in the past year**, it remains a well-liked choice among large entities with a recent rebound in gains. The company also conducted a detailed **2023 Strategy Day** outlining future visions. Therein, they aired their plan to boost growth and offered their long-term financial outlook. It seems investors hold the company in high regard as a good low stock buy, as it has increased its investment in **ZOA Energy**. In an intriguing business move, *Molson Coors* has also sealed a deal for **Blue Run Spirits**, marking a new market approach. It also aims to break away from the beer aisle through a partnership with **L.A. Libations**, offering non-alcoholic beverages. The CEO's ambitious plan to transform the beer maker promisingly aligns with a rise in 2024 earnings estimates.

Molson Coors Beverage Company Class B TAP News Analytics from Tue, 01 Aug 2017 04:49:38 GMT to Tue, 24 Dec 2024 22:23:00 GMT - Rating 7 - Innovation -3 - Information 8 - Rumor -5

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