Celsius Holdings Stock Hit 52-Week Lows On Monday: What's Going On?
Portfolio Pulse from Vaishali Prayag
Celsius Holdings Inc. (NASDAQ:CELH) shares hit new 52-week lows due to slowing growth and reduced orders from PepsiCo. Analysts have downgraded the stock, and it has been trending on social media. Despite challenges, Celsius is launching new flavors.
October 07, 2024 | 8:49 pm
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NEUTRAL IMPACT
PepsiCo is scaling back orders from Celsius Holdings, impacting Celsius's stock negatively. This decision is part of PepsiCo's inventory optimization strategy.
PepsiCo's decision to reduce orders from Celsius Holdings is part of its inventory optimization strategy. While this impacts Celsius negatively, it is a neutral event for PepsiCo.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 50
NEGATIVE IMPACT
Celsius Holdings shares hit 52-week lows due to slowing growth and reduced orders from PepsiCo. Analysts have downgraded the stock, impacting its price negatively.
Celsius Holdings is facing slowing growth and reduced orders from PepsiCo, leading to a significant drop in stock price. Analysts have downgraded the stock, further impacting its price negatively.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100