Celsius Spikes On Earnings, $1.8 Billion Acquisition

Blockhead
02-21

Celsius stock spiked premarket Friday after the energy drink maker topped Q4 estimates late Thursday and announced a $1.8 billion acquisition. Rival Monster Beverage (MNST) is trending higher ahead of its earnings report next week. Celsius Holdings (CELH) reported an 18% decline in earnings to 14 cents per share adjusted, beating FactSet estimates for 12 cents. Revenue fell 4% to…

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