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Monster and Celsius Energized: Which Stock Offers More Upside?
CELHCelsius(CELH) MarketBeat·2024-10-24 11:33

Energy drinks have been getting a considerable amount of negative publicity regarding health concerns, which has led to a decline in consumption. This, along with soft consumer spending and market saturation from competitors, has triggered a strong sell-off in two of the most popular energy drink brands: Monster Beverage Co. NASDAQ: MNST and Celsius Holdings Inc. NASDAQ: CELH. The convenience store channel generates over 62% of energy drink sales. Foot traffic has been steadily increasing since February 202 ...