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Market Domination Overtime Josh Lipton welcomes Celsius (CELH) CEO John Fieldly after the energy drink maker's disappointing quarterly results sent the stock down roughly 18%.
The energy drink company's total revenue of $817.9 million missed analyst expectations by roughly $55 million in the second quarter
The company’s second-quarter revenue came in below consensus estimates of $870 million, its first miss in five quarters.
Celsius Holdings Inc. (NASDAQ:CELH) shares fell sharply in premarket trading after the energy drinks company reported second-quarter results that missed Wall Street forecasts on both earnings and revenue.
Investing.com -- Celsius Holdings Inc. (NASDAQ:CELH) reported second quarter results that fell short of Wall Street expectations, sending shares plunging premarket.
Texas Attorney General announces a child safety investigation into Celsius Holdings. Still, Bank of America recommends buying CELH shares today.
Texas Attorney General Ken Paxton has launched an investigation into Celsius Holdings to probe whether the company knowingly marketed energy drinks toward children and teenagers. The investigation will focus on the Alani Nu line of energy drinks, sold by a Celsius subsidiary and marketed with “colorful packaging, playful design elements, and youth-oriented branding strategies,” Paxton’s office said Thursday. Celsius Holdings didn’t immediately respond to a request for comment.