Up 60% in Less Than 2 Months, Is Celsius Stock Mounting an Epic Comeback?
On Feb. 13, shares of energy drink company Celsius Holdings (CELH -0.95%) opened at just $21.47 per share, down nearly 80% from its highs in 2024. But as of March 24, Celsius stock is roaring back to life, up more than 60% from its lows in February.To be fair, Celsius stock was down for a legitimate reason. Investors were accustomed to greater than 100% growth for the red-hot energy drink brand. But the company's 2024 revenue was only up 3% from revenue in 2023. It seemed as though it was no longer a growth ...