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While 2024 was a strong year for the market, one stock that struggled was Celsius Holdings (NASDAQ: CELH). Shares of the energy drink maker have been about cut in half this year, as of this ...
Hong Kong-based billionaire Li Ka-Shing bought $16 million of Celsius Holdings stock in 2015, when the whole company was worth about $32 million. Ka-Shing has trimmed his Celsius Holdings stake to ...
The current challenges mean that investors can buy Celsius stock at a significant discount. Due to the stock's sharp pullback of over 70%, investors can buy shares at a price-to-earnings (P/E ...
Five years later, in 2017, Celsius was listed on the Nasdaq. [7] By the end of that year, Celsius Holdings had an annual revenue of almost $36 million. [8] As of August 2024, Celsius holds an 11% market share of the $19 billion energy drink industry, generating over $1.3 billion in revenue and a market capitalization of roughly $9
After hitting a share price of nearly $100 earlier this year, Celsius (NASDAQ: CELH) is trading at just $30 as of this writing. On Nov. 6, the energy drink company reported a big drop in sales in Q3.
Celsius's best growth days are probably over. Here is what investors should do now.