Celsius Holdings Inc., Boca Raton, Fla., announced its acquisition of Big Beverages Contract Manufacturing LLC for $75 million. The transaction was completed using cash on hand and closed on Nov. 1.
Celsius stock was priced for perfection, so the sell-off is understandable. Monster Beverage showcases why a pure play energy drink company can be immensely profitable and valuable. Even after ...
Piper Sandler says Celsius is gaining popularity among teenagers. Energy drink sales are recovering at convenience stores as well. Wall Street currently sees a 35% upside in Celsius stock on average.
Celsius shares reached a 52-week high of $99.62 back in March and fell more than 60% over the past six months. Retail investor chatter on social media revolves around the stock reaching key ...