Celsius Stock Hits 52-Week High After Blowout Q2 Earnings

Shares of Celsius Holdings Inc CELH surged to a new 52-week high Monday afternoon, continuing a rally ignited by the company’s impressive second-quarter financial results reported last week. The beverage company saw its stock climb after multiple Wall Street analysts raised their price targets in response to the strong earnings beat and robust growth outlook.What To Know: Last week, Celsius reported second-quarter adjusted earnings of 47 cents per share, beating the analyst consensus estimate of 23 cents. Q ...