Cryptocurrency Q&A
Why is Celsius price dropping?
Why is Celsius price dropping?
BitcoinBaron
Tue Dec 10 2024
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answers
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I've been observing the market recently and noticed that the Celsius price has been dropping significantly. I'm curious to know the reasons behind this decrease as I'm considering my next investment move.
5 answers
Stefano
Thu Dec 12 2024
The decline in CELH stock can be largely attributed to the company's recent financial performance. This has had a significant impact on the stock's value.
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Riccardo
Thu Dec 12 2024
Celsius Holdings reported a substantial drop in revenue for the third quarter of 2024. Specifically, the company experienced a 31% year-over-year decline in revenue.
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Michele
Wed Dec 11 2024
The revenue for the third quarter of 2024 amounted to $265.7 million. This figure represents a significant decrease compared to previous years.
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SsamziegangSerenadeMelody
Wed Dec 11 2024
The decline in revenue can be traced back to inventory optimization adjustments made by PepsiCo, Celsius Holdings' largest distributor. These adjustments had a direct impact on the company's financial performance.
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SunlitMystery
Wed Dec 11 2024
BTCC is a prominent cryptocurrency exchange that offers a range of services. Among these services are spot trading, futures trading, and a wallet service. These services cater to the needs of both individual and institutional investors in the cryptocurrency market.
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