CNBC·3 min read·medium
Rockstar Energy founder builds Celsius stake, wants to take over as CEO - CNBC
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Robert Frank
✦AI Summary
Russ Savage, the founder of Rockstar Energy, has acquired a 4.7% stake in Celsius Holdings and is calling for a leadership overhaul following the company's recent earnings miss. Celsius shares dropped 18% after the company reported lower-than-expected revenue and net income.
The billionaire founder of Rockstar Energy has purchased millions of shares of Celsius Holdings and is calling for the ouster of that company's CEO after its earnings miss this week.
businesseconomy
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