Molson Coors Stock Falls 19% in Six Months: Time to Hold or Fold?
Molson Coors(TAP) ZACKS·2024-09-27 05:46
Molson Coors Beverage Company (TAP) has seen its stock price fall 18.2% in the past six months against the industry's 9% growth. This decline has raised concerns among investors about the company's prospects. To understand the situation, it's essential to examine the factors contributing to this decline and evaluate the company's long-term strategies. Image Source: Zacks Investment Research At the current price of $54.60, the stock trades below its 52-week high of $69.18 achieved on April 9, 2024. The curre ...