Why Celsius Holdings Stock Was Soaring Today
Shares of Celsius Holdings (NASDAQ: CELH) were on the rebound today, jumping after the company reported better-than-expected earnings results and said it would acquire Alani Nu, another energy drink maker, for $1.8 billion.
As of 10:39 a.m. ET on Friday, the stock was up 23.4% on the news.
Image source: Celsius Holdings.
Source Fool.com
