Short Seller Sees 25% To 40% Downside In Monster Beverage Shares: 'Vulnerable To Escalating Threats'

Spruce Point Capital Management has announced a short position against Monster Beverage Corp MNST as the short seller sees 25% to 40% downside risk.What To Know: After conducting a forensic financial and accounting review, short seller Spruce Point raised concerns about the sustainability of Monster’s recent financial performance and the accuracy of its accounting and financial reporting in a new short report released Tuesday. “Changing consumer preferences, an evolving regulatory landscape, and pressures t ...