As Celsius Sales Plunge, Will the Stock Be Able to Mount a Comeback?

After hitting a share price of nearly $100 earlier this year, Celsius (NASDAQ: CELH) is trading at just $30 as of this writing. On Nov. 6, the energy drink company reported a big drop in sales in Q3. Despite the recent sell-off, Celsius stock has been a huge winner in the past five years. The question on many investors' minds now is whether the stock can regain its lost momentum.Let's dig into the company's most recent results to see what has been going wrong and if the stock can mount a comeback in 2025.Celsius saw its Q3 revenue plunge 31% year over year to $265.7 million. North American revenue sank 33% to $247.1 million, while international revenue climbed 37% to $18.6 million. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool