Reported 4 months ago
Celsius stock (NASDAQ: CELH) fell 17% due to new Nielsen data showing slower sales growth. Market share dropped from 10.8% to 10.5%, and Morgan Stanley analyst Dana Mohsenian warned of potential slower growth as Celsius faces challenges after its PepsiCo deal. Despite short-term concerns, long-term prospects include promising shelf gains and international market expansion, maintaining Celsius' premium valuation and growth potential.
Source: YAHOO