5 Biggest Energy Drink Companies in the World

3. Monster Beverage Corporation (NASDAQ:MNST)

Market Capitalization: $54.282 Billion

Number of Hedge Fund Holders: 39

Monster Beverage Corporation (NASDAQ:MNST), through its subsidiaries, develops, markets, sells, and distributes energy drink beverages and concentrates in the United States and around the world. Monster Energy Drinks, Strategic Brands, and Others are the company’s divisions.

Monster Beverage Corporation (NASDAQ:MNST) stated on November 3 that its board of directors has authorized a fresh share repurchase program for up to an additional $500 million of the company’s outstanding ordinary stock.