Quartz·1 min read·medium

Celsius Holdings stock plunges after its flagship energy drink brand posted a sales decline

Cris Tolomia
AI Summary

Celsius Holdings saw its stock price drop significantly after reporting a decline in sales for its flagship energy drink. The company's second-quarter revenue missed analyst expectations by approximately $55 million.

The energy drink company's total revenue of $817.9 million missed analyst expectations by roughly $55 million in the second quarter

Continue reading on Headlinne

Create a free account to read the full article.

Read full article →
businesseconomy

Get the full story

Sign up for Headlinne to unlock AI insights, political bias analysis, and your personalized news feed.

Create free account

Already have an account? Sign in