Celsius Holdings (NASDAQ:CELH) stock has taken a hammering in recent months after Morgan Stanley (NYSE:MS), quoting the latest Nielsen data, suggested that the growth-focused firm had lost market share. This has been compounded by additional data inferring that further incremental gains in the energy drinks market may be challenging. I’m neutral on Celsius because despite […]
By disrupting the energy drink duopoly owned by Red Bull and Monster, functional energy drink upstart Celsius (NASDAQ: CELH) has grown to account for 11.5% of its industry’s U.S. sales — becoming the only new brand to reach this mark in the last decade. Now firmly the No. 3 brand in the energy drink space, […]
Shares of energy drink company Celsius (NASDAQ: CELH) fell as much as 16.8% this week, according to data provided by S&P Global Market Intelligence, as industry data pointed to slowed growth for energy drinks. Shares are down 16.7% for the week at 2:30 p.m. ET. The energy drink slowdown To be clear, there aren’t any […]
Roughly twice a year for the last five years, the same thing keeps happening to shares of energy-drink company Celsius Holdings (NASDAQ: CELH): Shares drop 20% or more. And as of this writing, Celsius stock is down once again, this time falling more than 30% in just the last few weeks. For investors who hate […]
GENEVA (AP) — The U.N. weather agency on Wednesday predicted that there’s an 80% chance that average global temperatures will surpass the 1.5 Celsius-degree (2.7 degree-Fahrenheit) target laid out in the landmark Paris climate accord within the next five years. The World Meteorological Organization said Wednesday that the global mean near-surface temperature for each year […]
NEW DELHI (Reuters) – A record temperature registered this week for the capital New Delhi of 52.9 degree Celsius (127.22 Fahrenheit) was too high by 3 C, the Indian government said on Saturday, blaming a weather sensor error. The Indian Meteorological Department (IMD) had investigated Wednesday’s reading by the weather station at Mungeshpur, a densely […]
By Sakshi Dayal and Priyanshu Singh NEW DELHI (Reuters) -Delhi recorded an all-time high temperature of 52.9 degrees Celsius (127.22 Fahrenheit) on Wednesday as extreme heat conditions gripped the north and western parts of India, causing students to faint in schools and drinking water taps to dry up. A heat wave alert has been in […]
Celsius (NASDAQ: CELH) stock dropped 17% as of 12:30 p.m. ET today as the market absorbed new Nielsen data. For the week ending May 18th, the energy drink maker saw sales growth decline sequentially to 39%. While this figure is higher than the company’s 37% sales growth in the first quarter of 2024, Celsius saw […]
CELH stock plummeted below a key technical moving average early Tuesday after Morgan Stanley put out a cautious note regarding the latest sales trend data for energy drink maker Celsius. X Morgan Stanley analyst Dara Mohsenian in a Tuesday research note warned that sales growth for Celsius Holdings (CELH) appears to be slowing based on […]
In the last five years, shares of Celsius Holdings (NASDAQ: CELH) are up 6,290%. That means for every $1,000 someone invested in Celsius five years ago, it is worth over $60,000 today. Not bad. The owner of the Celsius energy drink brand has grown its revenue like gangbusters as it gains market share in the […]
(Bloomberg) — Celsius Holdings Inc. shares plummeted in early trading Tuesday after the energy-drink maker’s quarterly sales reached a record, yet still missed Wall Street expectations. Most Read from Bloomberg The shares, which had more than doubled over the past year, dropped as much as 18% in trading before US markets opened. If that carries […]
Celsius Holdings (CELH) stock is Wednesday’s pick for IBD 50 Growth Stocks To Watch as it pulls back from recent highs and tests a moving average. The energy drink maker continues to expand its global footprint, with Australia next on its list, but shares pulled back on Wednesday following news of a change in its […]