Celsius Holdings shares are trading lower. US consumer sentiment data came in below estimates, which could pressure consumer discretionary stocks.
Portfolio Pulse from Benzinga Newsdesk
Celsius Holdings shares are trading lower due to US consumer sentiment data coming in below estimates, which could pressure consumer discretionary stocks.
June 14, 2024 | 7:52 pm
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Celsius Holdings shares are trading lower as US consumer sentiment data came in below estimates, which could negatively impact consumer discretionary stocks.
The lower-than-expected US consumer sentiment data suggests potential reduced consumer spending, which can negatively impact companies in the consumer discretionary sector, including Celsius Holdings.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100