Why Celsius Stock Is Tumbling Today
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 its market share dip from 10.8% to 10.5%.
Making matters worse, Morgan Stanley analyst Dana Mohsenian warned that Celsius could see slower growth as it laps the growth it saw from the start of its deal.
Source Fool.com
PepsiCo Inc. Aktie
160,02 €
0,54 %
Starke Bevorzugung von PepsiCo Inc. in der Community mit ausschließlich Buy-Einschätzungen.
Ein leicht positives Potenzial wird für PepsiCo Inc. mit einem Kursziel von 174 € im Vergleich zu 160.02 € gesehen.
