Celsius Holdings Inc. (CELH) is an energy drink and liquid supplements developer based out of Florida. Valued at $14.5 billion by market cap, the company manufactures, processes, markets, distributes, and sells their CELSIUS-branded fitness drinks, aimed at improving metabolism and burning fat, in the U.S. and internationally. Formerly known as Vector Ventures Inc., it changed its name to Celsius Holdings back in 2007.
The growth stock has won over quite a few fans on Wall Street for its outsized returns in recent years, which are on par with the multibagger gains delivered by artificial intelligence (AI) stocks like Nvidia (NVDA). However, CELH has undergone a steep pullback recently, and is down 37% from its mid-March highs.
