Why Celsius Stock Had a Bad Week, Dropping 15%
Celsius(US:CELH) The Motley Fool·2024-04-19 19:18This isn't the time to abandon ship.Shares of energy drink company Celsius Holdings (CELH -2.39%) were down 15% this week, as of 12:45 p.m. ET on Friday, according to data provided by S&P Global Market Intelligence. By comparison, the S&P 500 was only down 3% so far this week, so Celsius' underperformance over this time period stands out. But I don't believe it's something for investors to worry about.Embrace normalCelsius didn't report news this week. Nothing fundamentally changed with the industry. And th ...