Why did Celsius stock down yesterday by 9%?


Celsius has been in my watchlist the past 3 months, and yesterday somehow, the sell pressure caused the stock to go down as much as 9%. I have been on Google trying to find if there is any news about what’s going on, but there is literally nothing, nothing bad about the company.

So why did it drop like this?

No financial report out, no law sue or analyst downgrade or what’s so ever. And I am surprised that there is no news or anyone to cover this significant drop since this company is projected to have strong growth the next 3 years.

Anyone have clue?


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *