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The Ratings Game: Monster Beverage’s dispute with Coke will weigh on shares for some time, analysts say

A dispute between Monster Beverage Corp. and Coca-Cola Co. over the latter’s plan to launch energy-like drinks will weigh on Monster’s shares for the foreseeable future, analysts said Thursday.

Monster revealed on its earnings call late Wednesday that the drinks giant has delayed the launch of two planned drinks to April of 2019 and sent the matter to arbitration. The two companies have a strategic partnership, which restricts Coke from encroaching on Monster’s core product line.

Chief Executive Rodney Cyril Sacks said the contract between the two companies MNST, -3.51%KO, -0.30% that was struck in 2015 restricts Coca-Cola from competing in the energy drink category with certain exceptions.

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