Published on 2 Apr 2024 on Zacks via Yahoo Finance

Celsius Holdings Inc. (CELH) is Attracting Investor Attention: Here is What You Should Know

Celsius Holdings Inc. (CELH) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.

Over the past month, shares of this company have returned -5%, compared to the Zacks S&P 500 composite's +2.2% change. During this period, the Zacks Food - Miscellaneous industry, which Celsius falls in, has gained 3.1%. The key question now is: What could be the stock's future direction?

Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.