Why Investors Were Ice-Cold on Celsius Holdings This Week
Celsius(CELH) The Motley Fool·2024-12-20 20:03
Investor sentiment on once-hot energy drink maker Celsius (CELH 3.14%) was cooling significantly over the past few days. Slowing growth, due in no small part to an issue with a distributor of the company's products, was compounded by two bearish analyst updates. Week to date as of early Friday morning, Celsius' share price was down by 12%, according to data compiled by S&P Global Market Intelligence. Two analysts, two different viewsThe more assertive updating party was Morgan Stanley's Eric Serotta, who re ...