Celsius holdings (celh) hit with investor class action amid accusations of oversold inventory to pepsi– hagens berman

San francisco, dec. 30, 2024 (globe newswire) -- shares of celsius holdings (nasdaq: celh), the energy drink maker already reeling from a 58 percent year-to-date decline, faced renewed pressure this month after a key analyst lowered its price target, citing concerns about sales and the impact of its distribution agreement with pepsico. this diminished valuation adds to the company's woes, which include slowing sales, revised financial forecasts, and a shareholder lawsuit alleging misleading disclosures.
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