Celsius Stock Surges Following Transformative Quarter
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BTCCSquare news:
Celsius Holdings (CELH) delivered a breakthrough performance in its latest quarterly report, sending shares soaring 17% at Thursday's open. The functional beverage company's $1.8 billion acquisition of Alani Nu in April proved transformative, reversing three consecutive quarters of negative growth.
While top-line improvement was expected, the bottom-line surprise electrified investors. The stock's 62% year-to-date gain reflects strategic positioning beyond its legacy product line—February's Alani Nu deal and another undisclosed catalyst propelled the rally despite earlier struggles.
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