Energy drink stock Celsius pops more than 30% on big quarterly results, Alani Nu acquisition
Celsius energy drinks at a store in Crockett, California, US, on Monday, March 11, 2024.Celsius Holdings surged on Friday as investors appeared reassured by the company's potential growth prospects, given its record full-year revenue results and its latest acquisition of a rival energy drink brand.Shares of the once-high-flying beverage maker popped more than 33% in premarket trading.Celsius' fourth-quarter revenue came in at a record of 326 million in revenue expected from ...