Celsius Stock Plunges 16.8% in Terrible Week
Shares of energy drink company Celsius (CELH -2.16%) fell as much as 16.8% this week, according to data provided by S&P Global Market Intelligence, as industry data pointed to slowed growth for energy drinks. Shares are down 16.7% for the week at 2:30 p.m. ET. What to do now Industry data is flashing warning signs for energy drink stocks. To be clear, there aren't any earnings reports out yet, but investors are looking at market data from third-party analysts that indicate slowing growth for energy drinks. ...