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Why Is Celsius (CELH) Stock Down 17% Today?
CelsiusCelsius(US:CELH) investorplace.com·2024-05-28 16:30

Celsius (NASDAQ:CELH) stock is down on Tuesday after Morgan Stanley analysts weighed in on the energy drink maker. The bad news for CELH investors is Morgan Stanley warning that growth at the company is slowing down. This comes after the stock saw a recent run and Celsius handles a distribution agreement with PepsiCo (NYSE:PEP). Here's what the Morgan Stanley analysts said in a note to clients obtained by Investing.com. "CELH percentage sales on promotion increased sequentially in the last three weeks, with ...