Molson Coors Beverage Co
Change company Symbol lookup
Select an option...
TAP Molson Coors Beverage Co
SSAAW Science Strategic Acquisition Equity Alpha Warrant Exp 20 Jan 2026 *W EXP 01/20/2026
WETF Wisdom Tree Investments Inc
CYTHW Cyclo Therapeutics Equity Warrants Exp 14th Nov 2025 *W EXP 12/11/2025
FR First Industrial Realty Trust Inc
PNI PIMCO New York Municipal Income Fund II
NIB iPath? Bloomberg Cocoa Subindex Total Return(SM) ETN
DG Dollar General Corp
SPCO Stephan Co
KEX Kirby Corp
Go

Consumer Staples : Beverages | Mid Cap Value
Company profile

Molson Coors Beverage Company is a holding company. It is engaged in brewing beverages. The Company operates through two segments: Americas and EMEA&APAC. The Americas segment consists of the production, marketing, and sales of its brands and other owned and licensed brands in the United States, Canada, and various countries in Latin and South America. It also has contract brewing agreements to brew, package and ship products. The EMEA&APAC segment consists of the production, marketing, and sales of its brands as well as several smaller regional brands in the United Kingdom, Central Europe, and various other European countries, along with certain countries within the Middle East, Africa, and the Asia Pacific. It also has licensing agreements and distribution agreements with various other brewers. The Company's brands include Blue Moon, Carling, Coors Banquet, Coors Light, Miller Lite, Leinenkugel’s Summer Shandy, Creemore Springs, Hop Valley and more.

Closing Price
$56.71
Day's Change
0.01 (0.02%)
Bid
--
Ask
--
B/A Size
--
Day's High
57.06
Day's Low
56.11
Volume
(Light)
Volume:
1,078,323

10-day average volume:
1,992,967
1,078,323

Bragar Eagel & Squire, P.C. Is Investigating Clariant, Rollins, Lightwave Logic, and Target and Encourages Investors to Contact the Firm

9:00 pm ET June 24, 2022 (Globe Newswire) Print

EQNX::TICKER_START (NYSE:ROL),(NYSE:TGT),(Other OTC:CLZNY),(NASDAQ:LWLG), EQNX::TICKER_END Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Clariant AG (OTCMKTS: CLZNY), Rollins, Inc. (NYSE: ROL), Lightwave Logic, Inc. (NASDAQ: LWLG), and Target Corporation (NYSE: TGT). Our investigations concern whether these companies have violated the federal securities laws and/or engaged in other unlawful business practices. Additional information about each case can be found at the link provided.

Clariant AG (OTCMKTS: CLZNY)

On February 14, 2022, Swiss chemical maker, Clariant AG, disclosed that it will delay issuing Q4 2021 and full year 2021 financial results due an ongoing internal investigation into potential accounting fraud.

Clariant AG is investigating internal whistleblower complaints that the company has known about since September 2021, pertaining to booking issues aimed at boosting results to meet targets.

On this news, shares of Clariant AG ADR shares fell more than 14% in intraday trading on February 14, 2022.

For more information on the Clariant investigation go to: https://bespc.com/cases/CLZNY

Rollins, Inc. (NYSE: ROL)

On October 28, 2020, Rollins disclosed a U.S. Securities and Exchange Commission ("SEC") investigation into how the Company established accruals and reserves at period-end and the impact of those accruals and reserves on reported earnings for periods beginning January 1, 2015. The Company's subsequently filed Annual Report later disclosed the results of an internal Company-initiated investigation that found a significant deficiency in the Company's internal controls relating to the documentation and review of accounting entries for certain reserves and accruals. Then, on October 29, 2021, Rollins reported that it had initiated discussions with the SEC staff regarding a potential investigation resolution.

For more information on the Rollins investigation go to: https://bespc.com/cases/ROL

Lightwave Logic, Inc. (NASDAQ: LWLG)

On June 2, 2022, during trading hours, market analyst Kerrisdale Capital published a report entitled "Lightwave Logic, Inc. (LWLG): A High-Frequency Failure" which alleged, among other things, that "[u]nderneath the facade of accomplishment... is almost nothing of substance[,]" and that "Lightwave hasn't ever come close to commercializing anything: in the 15 years since it's gone public, it has generated a toal of about $6 thousand in revenues, which stands in start contrast to the steady stream of promotional announcements celebrating overhyped prototype completions, product tests, and patents over that time." The report also alleged that "Lightwave's polymer 'technology' is behind the curve and the feasibility of a manufacturing process to commercialize it [and] may never be achieved[.]"

On this news, Lightwave Logic's stock fell $0.99 per share, or 12%, to close at $6.94 per share on June 2, 2022, on unusually heavy trading volume.

For more information on the Lightwave Logic investigation go to: https://bespc.com/cases/LWLG

Target Corporation (NYSE: TGT)

On May 18, 2022, before trading hours, Target announced its first quarter 2022 financial results in a press release. The Company also provided guidance, expecting second quarter 2022 "operating income margin rate [to] be in a wide range centered around first quarter's operating margin rate of 5.3 percent."

On this news, Target's stock price fell $53.67 per share, or over 25%, to close at $161.61 per share on May 18, 2022, on unusually heavy trading volume.

Then, just three weeks later, on June 7, 2022, before trading hours, Target revised its guidance, expecting the second quarter 2022 operating margin rate to "be in a range around 2%." The Company attributed the change to "a set of actions to right-size [Target's] inventory for the balance of the year[.]"

On this news, Target's stock fell $3.69, or 2.3%, to close at $155.98 per share on June 7, 2022.

For more information on the Target investigation go to: https://bespc.com/cases/TGT

About Bragar Eagel & Squire, P.C.:

Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, California, and South Carolina. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact Information:

Bragar Eagel & Squire, P.C.

Brandon Walker, Esq.

Melissa Fortunato, Esq.

(212) 355-4648

investigations@bespc.com

www.bespc.com

https://ml.globenewswire.com/media/29481954-f2ff-4756-b5a9-d982a6497bd0/small/bes-mark-jpg.jpg

https://ml.globenewswire.com/media/29481954-f2ff-4756-b5a9-d982a6497bd0/small/bes-mark-jpg.jpg

comtex tracking

COMTEX_409201376/2010/2022-06-24T21:00:00

Earnings Calendar and Events Data provided by |Terms of Use| © 2022 Wall Street Horizon, Inc.

Market data accompanied by is delayed by at least 15 minutes for NASDAQ, NYSE MKT, NYSE, and options. Duration of the delay for other exchanges varies.
Market data and information provided by Morningstar.

Options are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses.
Please read Characteristics and Risks of Standard Options before investing in options.

Information and news provided by ,, , Computrade Systems, Inc., ,, and

Copyright © 2022. All rights reserved.