Shares of Molson Coors Beverage (OTCMKTS:TAP.A – Get Free Report) rose 8.4% during trading on Thursday . The stock traded as high as $55.00 and last traded at $55.00. Approximately 576 shares traded hands during trading, a decline of 10% from the average daily volume of 638 shares. The stock had previously closed at $50.76.
Molson Coors Beverage Price Performance
The firm’s 50 day simple moving average is $49.46 and its two-hundred day simple moving average is $49.95.
Molson Coors Beverage Company Profile
Molson Coors Beverage Company is a leading global brewer and beverage producer, known for its extensive portfolio of beer and malt-based beverages. The company operates across multiple segments, encompassing brewing, marketing, sales and distribution of premium, value‐priced and craft brands. In addition to traditional beers, Molson Coors has expanded into adjacent beverage categories, including hard seltzers, ciders and non-alcoholic offerings, reflecting its strategic efforts to meet evolving consumer preferences.
The origins of Molson Coors date back to the late 18th and 19th centuries, with Alexander Molson founding Molson Brewery in Montreal in 1786 and Adolph Coors establishing Coors Brewing Company in Golden, Colorado in 1873.
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