HomeLifestyleFood & BeverageCELH 'Down to Right Level,' Time to Set Up Outlook Success

CELH 'Down to Right Level,' Time to Set Up Outlook Success

Celsius (CELH) has fallen more than 40% since the start of the year. LikeFolio's Andy Swan puts the blame on competitors doing a "phenomenal job" keeping the energy drink business afloat while PepsiCo (PEP) cut back on inventory. Andy says not to count Celsius out, pointing to its outlook as a chance to regain its losses beyond 2024.

Fast Market

05 Nov 2024

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