Beverage Stock Could Bounce Back From Selloff
CELHCelsius(CELH) forbes.com·2024-05-30 02:27

Celsius Holdings (CELH) stock suffered a sharp 12.9% pullback last session, though it pared further losses after several analysts, including Wedbush, called the selloff “overdone” and highlighted the potential for long-term growth despite Nielsen data that disappointed investors. Down 3.4% at $80.11 at last glance today, CELH is still up 47.1% year to date. For those looking to buy in on the dip, the stock could indeed see tailwinds soon. Short interest represents 11% of the equity’s available float, and wo ...