Shares of beverage companies are trading lower in sympathy with Celsius Holdings after Nielsen data reportedly showed sales growth slowed sequentially.
Portfolio Pulse from Benzinga Newsdesk
Shares of beverage companies are trading lower in sympathy with Celsius Holdings after Nielsen data reportedly showed sales growth slowed sequentially.
May 28, 2024 | 7:52 pm
News sentiment analysis
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NEGATIVE IMPACT
Anheuser-Busch InBev shares are trading lower in sympathy with Celsius Holdings after reports of slower sales growth.
Although not directly affected, Anheuser-Busch InBev shares are trading lower due to market sentiment following Celsius Holdings' sales data.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50
NEGATIVE IMPACT
Celsius Holdings shares are trading lower after Nielsen data showed a sequential slowdown in sales growth.
The direct impact of the Nielsen data showing slower sales growth is causing a decline in Celsius Holdings' stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100
NEGATIVE IMPACT
PepsiCo shares are trading lower in sympathy with Celsius Holdings after reports of slower sales growth.
PepsiCo shares are experiencing a decline due to market sentiment influenced by Celsius Holdings' reported slower sales growth.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50