Why Celsius Holdings Stock Fell 18% in September
Shares of Celsius Holdings (NASDAQ: CELH) were heading lower last month after the fast-growing producer of energy drinks gave a disappointing sales update regarding its partnership with PepsiCo, and Wall Street analysts cooled on the company.
According to data from S&P Global Market Intelligence, the stock fell 18% in September on the PepsiCo news as investor perception continued to sour on the once-soaring growth stock. As you can see from the chart below, most of the decline in the stock came early in the month on the PepsiCo update.
Source Fool.com
PepsiCo Inc. Aktie
152,84 €
-0,46 %
Die PepsiCo Inc. Aktie steht ausgezeichnet da: Nur Buy-Einschätzungen und keine Sell-Einschätzungen.
Das Community-Kursziel von 174 € für PepsiCo Inc. deutet auf ein leicht positives Wachstumspotenzial gegenüber 152.84 € hin.
