Celsius shares are trading higher amid overall market strength after the Fed left rates unchanged.
Portfolio Pulse from Benzinga Newsdesk
Celsius shares are trading higher due to overall market strength following the Federal Reserve's decision to leave interest rates unchanged.

March 20, 2024 | 7:57 pm
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Celsius shares experienced a rise in value, benefiting from the broader market's positive response to the Federal Reserve's decision to maintain current interest rates.
Celsius shares are directly impacted by the overall market's positive reaction to the Federal Reserve's decision to leave interest rates unchanged. This decision typically leads to a favorable environment for stocks, as it suggests continued support for economic growth without the pressure of rising borrowing costs. Given that Celsius is mentioned as trading higher amid this backdrop, it indicates a direct positive impact on its stock price in the short term.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 90