Shares of Celsius Holdings (CELH) plunged 17% in premarket trading on Thursday and are heading for over 16-month lows, after the energy drink maker reported second-quarter revenue and earnings that missed Wall Street expectations, even as management highlighted progress integrating recent acquisiti…
Energy drink company Celsius NASDAQ:CELHwill be reporting results this Thursday before market hours. Here’s what you need to know.Celsius beat analysts’ revenue expectations last quarter, reporting revenues of $782.6 million, up 138% year on year. It was an exceptional quarter for the company, with…
What Happened? A number of stocks fell in the afternoon session after President Trump declared the Iran ceasefire "over" and threatened more strikes.Staples usually cushion portfolios in risk-off sessions, but two forces worked against them. First, energy is a major input across the sector, powerin…
Celsius Holdings, Inc. CELH is expanding its global footprint beyond North America through a measured, partnership-led strategy. International remains a smaller part of the business, but the latest quarter showed clear progress across both established markets and newer expansion regions.Internation…
By Abigail Summerville and Echo WangNutrabolt, an energy drink and supplements company, has picked investment banks to lead an initial public offering that could raise up to $1 billion, according to four people familiar with the matter.Based in Austin, Texas, the company behind energy drink C4 and…
(13:04 GMT) Celsius Holdings Price Target Cut to $50.00/Share From $55.00 by UBS
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q1. Today, we are looking at beverages, alcohol, and tobacco stocks, starting with Zevia NYSE:ZVIA.These companies' performance is influenced by brand strength, marketin…
