Monster Beverage Corp. Announces 2-for-1 Stock Split

Monster Beverage Corp. said it will activate a two-for-one stock split starting July 24.  

The Corona-based energy drink maker expects the shares to be distributed after close of trading on Aug. 10, and its stock to begin trading at the split-adjusted price the day after.  

Shares of Monster, currently led by Chief Executive Hilton Schlosberg, rose 1.5% to $96.55 apiece the day after the July 8 announcement. The stock was trading around $97.14 during midday trading on Friday (Nasdaq: MNST).  

Monster’s CEO Schlosberg and Chairman Rodney Sacks are also known as two of the region’s largest private investors in Orange County commercial real estate.