Monster Beverage completes 2-for-1 stock split after 337,000% rally since 1994

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Monster Beverage completed a 2-for-1 forward stock split effective August 11, its sixth split since going public. The energy drink giant has returned 337,000% since the start of 1994, driven by its partnership with Coca-Cola and dominant U.S. market share alongside Red Bull. Coca-Cola took a roughly 20% stake in Monster in 2014 and provides access to its global distribution network. Monster's forward price-to-earnings ratio stands near 37, a 16% premium to its five-year average.

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