Celsius Stock Soars After a Breakthrough Quarter

There were signs that Celsius Holdings (NASDAQ: CELH) was ready to turn the corner in the second quarter that it reported on Thursday morning. After three rough quarters of negative top-line growth, the closing of its transformative acquisition of Alani Nu at the start of April guaranteed a sharp reversal on the top line for the three subsequent months.The bigger mystery for the lifestyle brand behind functional sparkling beverages was going to be the bottom line, and that turned out to be the even bigger positive surprise. Shares of Celsius opened sharply higher on Thursday following the head-turning report. It was a great quarter, but it's also important to frame the big jumps -- in terms of both financials and the stock's reaction -- in a proper manner. Let's crack open a can and dive into this well-received performance.Celsius was already one of this year's biggest surprises, soaring 62% heading into Thursday's quarterly update. After a brutal 2024, the shares were up sharply despite a weak trail of recent financial results. Most of this year's gain was attributed to just two events, and none of them are related to the legacy business of its namesake product line.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool