Energy drink stock Celsius pops more than 25% on big quarterly results, Alani Nu acquisition
Publishing timestamp: 2025-02-21 10:50:38
Summary
Celsius Holdings surged on Friday after reporting record full-year revenue and acquiring rival energy drink brand Alani Nutrition. The company's stock rose 27% as investors were reassured by the growth prospects. However, analysts remain cautious about the potential impact on sales growth and market share competition with the acquisition.
Sentiment: MIXED
Tickers: CELH,
Keywords: markets, earnings, breaking news: markets, business news, celsius holdings inc, food and drink,