Celsius Holdings ( (CELH) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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Celsius Holdings’ stock is on the rise due to several positive developments, including a new distribution deal with Alani and the acquisition of Rockstar. These moves have led analysts to increase their price targets. Additionally, the company’s refinancing amendment to its Credit Agreement, which lowers interest rates, and a strategic partnership with PepsiCo are boosting financial stability and growth prospects. Despite potential risks from high valuation and margin pressures, analysts remain optimistic about the company’s strong revenue growth and strategic initiatives.
More about Celsius Holdings
YTD Price Performance: 131.99%
Average Trading Volume: 6,082,044
Technical Sentiment Signal: Buy
Current Market Cap: $16.28B
For further insights into CELH stock on TipRanks’ Stock Analysis page.
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