"Celsius (CELH) Stock Surges: What's Behind the Rally?"

1 min read
Source: Yahoo Finance
"Celsius (CELH) Stock Surges: What's Behind the Rally?"
Photo: Yahoo Finance
TL;DR Summary

Celsius (CELH) stock surged 14% after the company reported strong fourth-quarter results, with revenue up 95% year on year, driven by North American and international growth. The company's gross margin also improved significantly, contributing to an EBITDA beat, although its EPS narrowly missed expectations. The market's perception of the business has been significantly impacted by this news, with the stock being very volatile. Despite recent fluctuations, Celsius is up 36.9% since the beginning of the year.

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