Celsius Holdings (CELH) Down 28% in a Month: Should You Buy the Dip?
CELHCelsius(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 sto ...