On October 22, Celsius Holdings, Inc. fell 5.04% in Regular Trading, trading at $28.47 per share, with turnover of $88.726 million.
The direct catalyst was a fresh UBS downgrade to Neutral with a $27 price target, which added pressure to sentiment after earlier target cuts.
Background context shows UBS had previously reduced its target to $38 while keeping a Buy rating, indicating expectations had already been weakening. The softer stance follows the company’s latest quarterly miss: adjusted EPS was $0.36 versus market expectations of $0.42, while revenue was $817.9 million versus the expected $870.1 million. That combination of slowing fundamentals and another downgrade appears to have weighed on the shares.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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