What's Going On With Celsius Holdings Stock?
Portfolio Pulse from Adam Eckert
Celsius Holdings Inc (NASDAQ:CELH) shares are trading lower, continuing a downtrend due to poor sales growth and market share data. Analysts have lowered their price targets, and inventory reductions from PepsiCo Inc (NASDAQ:PEP) have also impacted the stock.
July 15, 2024 | 4:23 pm
News sentiment analysis
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NEGATIVE IMPACT
Celsius Holdings shares are down 8.96%, continuing a downtrend due to poor sales growth and market share data. Analysts have lowered their price targets, and inventory reductions from PepsiCo have also impacted the stock.
The stock is experiencing a significant downtrend due to poor sales growth and market share data. Multiple analysts have lowered their price targets, and inventory reductions from PepsiCo have added to the negative sentiment.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100
NEUTRAL IMPACT
PepsiCo's inventory reduction has contributed to the negative sentiment around Celsius Holdings, impacting its stock price.
While PepsiCo's inventory reduction has contributed to the negative sentiment around Celsius Holdings, the direct impact on PepsiCo's stock is less significant.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 30