Celsius Holdings (CELH) Down 28% in a Month: Should You Buy the Dip?
Celsius(CELH) ZACKS·2024-07-02 23:10
Celsius Holdings, Inc. (CELH) has witnessed a significant decline over the past month, with its shares plummeting 27.7%, underperforming the industry's drop of 5.1%. The company also trailed the broader Zacks Consumer Staples sector's decrease of 2.1% and the S&P 500's growth of 3.7% during the same period. This downturn in the stock price can largely be attributed to the slowing growth of the company and intense competition in the energy drinks market.Closing at $57.84 in the last trading session, the stoc ...