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As Celsius Sales Plunge, Will the Stock Be Able to Mount a Comeback?
CELHCelsius(CELH) The Motley Fool· The Motley Fool·2024-11-09 16:10

The energy drink market has seen slowing growth this year.After hitting a share price of nearly 100earlierthisyear,Celsius(CELH3.70100 earlier this year, Celsius (CELH -3.70%) is trading at just 30 as of this writing. On Nov. 6, the energy drink company reported a big drop in sales in Q3. Despite the recent sell-off, Celsius stock has been a huge winner in the past five years. The question on many investors' minds now is whether the stock can regain its lost momentum.Let's dig into the company's most recent results to see what has been goi ...