Celsius Holdings shares are trading lower after the company on Tuesday reported worse-than-expected Q1 sales results.
Portfolio Pulse from Benzinga Newsdesk
Celsius Holdings shares are trading lower following the announcement of worse-than-expected Q1 sales results.

May 08, 2024 | 3:52 pm
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Celsius Holdings reported Q1 sales that fell below expectations, leading to a decrease in stock price.
The announcement of worse-than-expected sales results for Q1 directly impacts investor sentiment and the stock price of Celsius Holdings. Typically, when a company reports sales that are below market expectations, it can lead to a decrease in stock price as investors adjust their expectations for future profitability. In this case, the direct mention of disappointing sales results is likely to have a negative short-term impact on CELH's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100