Why Celsius Holdings Stock Was Soaring Today
Celsius(CELH) The Motley Fool·2025-02-21 17:42Shares of Celsius Holdings (CELH 30.06%) 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. Celsius has good news to shareCelsius rushed to get its earnings report out ahead of an upcoming conference, and now investors have a chance to see why.The energy drink maker reported another quarter of declining sales as i ...