Celsius Stock Crash: Is This a Buying Opportunity?
Celsius(CELH) ZACKS·2024-09-06 04:55
Celsius ((CELH) has been one of the hottest beverage stocks in recent years, driven by its strong brand presence in the energy drink market and rapid revenue growth. However, after a very significant rally over the past several years, the stock has taken a hard hit, plunging nearly 70% in the last three months. While this decline has been painful for current shareholders, it has brought the stock back down to a more palatable valuation after its previous levels were arguably overinflated. In the analysis th ...