Learn / TAP
NYSE: TAP
Molson Coors Beverage co (TAP) stock, explained like you're 5
Molson Coors Beverage co trades on the New York Stock Exchange under the ticker TAP. It is a mid cap company in the beverages (production/distribution) industry, part of the consumer defensive sector, with a market value of about 6.9 billion dollars.
- Ticker
- TAP
- Exchange
- New York Stock Exchange
- Sector
- Consumer Defensive
- Industry
- Beverages (Production/Distribution)
- Size
- Mid cap, about 6.9 billion dollars
Is Molson Coors Beverage co a small, medium or large cap company?
No. Molson Coors Beverage co is a mid cap stock, not a large cap. Its market cap, which is the total value of all its shares, is about 6.9 billion dollars.
Here is how you can tell. Multiply the share price by the number of shares to get the market cap, then compare it to the usual sizes. Micro cap is under 300 million dollars, small cap is 300 million to 2 billion, mid cap is 2 to 10 billion, large cap is 10 billion and up, and mega cap is over 200 billion. Market caps move every day with the share price, so treat the number as a recent snapshot.
How Molson Coors Beverage co makes money
- Selling everyday goods such as food, drinks and household items.
- Brands that people keep buying in good times and bad.
- Stores and distribution.
What moves TAP stock
- Costs for ingredients, packaging and shipping.
- Whether shoppers trade down to cheaper brands.
- Steady dividends and market mood, since these stocks are seen as safer.
In the news lately
- Molson Coors Beverage Company $TAP Stock Bought by Howard Capital Management LLC (MarketBeat)
- Molson Coors (TAP): Buy, Sell, or Hold Post Q2 Earnings? (Yahoo Finance)
- Molson Coors Beverage Co. Cl B stock underperforms Friday when compared to competitors despite daily gains (MarketWatch)
- Tap Resources (OTCPK:TAPP) Stock Analysis (Simply Wall Street)
- Wall Street posts weekly gains with earnings, inflation data on tap (Reuters)
Follow TAP in your daily brief
Each trading day at 5 PM ET we post what happened to Molson Coors Beverage co and why it matters, in simple words. Free.
Start my free briefKey terms to know before you follow TAP
Questions about Molson Coors Beverage co stock
What does Molson Coors Beverage co do?
Molson Coors Beverage co trades on the New York Stock Exchange under the ticker TAP. It is a mid cap company in the beverages (production/distribution) industry, part of the consumer defensive sector, with a market value of about 6.9 billion dollars.
What is the ticker symbol for Molson Coors Beverage co?
Molson Coors Beverage co trades under the ticker TAP on the New York Stock Exchange.
What is Molson Coors Beverage co's market cap?
Molson Coors Beverage co is a mid cap stock with a market cap of about 6.9 billion dollars.
How does Molson Coors Beverage co make money?
Selling everyday goods such as food, drinks and household items. Brands that people keep buying in good times and bad. Stores and distribution.
What moves TAP stock?
Costs for ingredients, packaging and shipping. Whether shoppers trade down to cheaper brands. Steady dividends and market mood, since these stocks are seen as safer.
How can I follow TAP stock every day?
Add TAP to your watchlist on Metric Finance. We post a free brief every trading day at 5 PM ET that explains what happened to the stocks you follow, in simple words.
Similar stocks
Educational information, not financial advice. This guide explains the business in general terms and does not include live prices.