Celsius Holdings Stock News

Celsius Holdings' stock has declined significantly since May, influenced by market dynamics and internal challenges. The energy drink market is projected to grow, but economic factors and competition impact Celsius's performance. In Q2 2024, Celsius reported $402 million in revenues, a 23% YoY increase, yet cash flow remains inconsistent.

BOCA RATON, Fla.--(BUSINESS WIRE)---- $CELH #LiveFit--Celsius Holdings is boosting its innovation and production capabilities with the acquisition of Big Beverages Contract Manufacturing.

BOCA RATON, Fla.--(BUSINESS WIRE)---- $CELH #LiveFit--Celsius Holdings, Inc. will release its third quarter financial results before markets open on Wednesday, Nov. 6, 2024.

BOCA RATON, Fla.--(BUSINESS WIRE)---- $CELH #LiveFit--Celsius Holdings, Inc. today announced the appointment of Israel Kontorovsky to the company's board of directors.

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Energy drinks have been getting a considerable amount of negative publicity regarding health concerns, which has led to a decline in consumption. This, along with soft consumer spending and market saturation from competitors, has triggered a strong sell-off in two of the most popular energy drink brands: Monster Beverage Co. NASDAQ: MNST and Celsius Holdings Inc. NASDAQ: CELH.

Wolfspeed rallied due to a $750 million investment from Apollo Global Management, despite high short interest and bearish sentiment. SolarEdge Technologies faces significant competition and high inventory levels, making it a potential tax-loss selling candidate. Moderna's stock is under pressure due to declining Covid-19 vaccine demand and weakened profitability, suggesting it should be sold.

Celsius Holdings: Gathering Energy For The Next Run