Celsius Holdings Aktie
WKN DE: A0YH6K / ISIN: US15118V2079
31.05.2024 23:07:05
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Celsius Stock Drops 15.9% On Growth Concerns
Shares of Celsius (NASDAQ: CELH) dropped as much as 15.7% in trading this week after an analyst note questioned the company's short-term growth. According to data provided by S&P Global Market Intelligence, the stock closed the week down 13.9%.Morgan Stanley analyst Eric Serotta sent out a note to clients early this week that caused the market sell-off. He said Celsius lost market share in the last few weeks, and revenue growth had slowed to 39% for the week of May 18, down from 50% growth two weeks earlier. To say this is a short-term analysis is understating it. Any channel check is inherently short-term and only based on a few locations, so variability will be high in any results.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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Aktien in diesem Artikel
Celsius Holdings Inc | 36,75 | 2,85% |
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On | 44,92 | 5,20% |
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