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Why Celsius Stock Is Tumbling Today

TheMotleyFool 
0 0 28.05.24
Why Celsius Stock Is Tumbling TodayPhoto, wide shot, wide-angle lens, Restaurant, sunset photo at golden hour, photo by Thomas Heaton: https://img.theapi.app/temp/57273392-070f-46de-9297-125616327242.png
 

Celsius (NASDAQ: CELH) stock dropped 17% as of 12:30 p.m. ET today as the market absorbed new Nielsen data.

For the week ending May 18th, the energy drink maker saw sales growth decline sequentially to 39%. While this figure is higher than the company's 37% sales growth in the first quarter of 2024, Celsius saw its market share dip from 10.8% to 10.5%.

Making matters worse, Morgan Stanley analyst Dana Mohsenian warned that Celsius could see slower growth as it laps the growth it saw from the start of its deal.

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Source Fool.com

PepsiCo Inc. Stock

€121.04
-0.360%
PepsiCo Inc. shows a slight decrease today, losing -€0.440 (-0.360%) compared to yesterday.
Our community is currently high on PepsiCo Inc. with 31 Buy predictions and 5 Sell predictions.
With a target price of 147 € there is a positive potential of 21.45% for PepsiCo Inc. compared to the current price of 121.04 €.
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