What's Wrong With Celsius Holdings Stock?
Shares of Celsius are down more than 40% this year.
Overview
Celsius Holdings (NASDAQ: CELH) has made a name for itself in recent years as a top energy drink company. And for a while, it was looking like an unstoppable growth stock to own. Investors who bought the stock in the hopes that its gains would continue, however, have been hugely disappointed. This year alone, the stock is down more than 40%, as it has nearly wiped out the gains it has amassed over the past five years.
How could things have gone so wrong for Celsius Holdings, and could the stock head even lower, or is now a good time to buy it?
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Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.