Celsius Stock Drops Amid Nielsen Data and Analyst Warning

Reported 6 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

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