Celsius Holdings Trading Volume Drops 40% Despite 264th Ranking and $1.8 Billion Acquisition

Generado por agente de IAAinvest Market Brief
martes, 1 de abril de 2025, 8:11 pm ET1 min de lectura
CELH--

On April 1, 2025, Celsius HoldingsCELH-- (CELH) saw a trading volume of $323 million, marking a 40.13% decrease from the previous day. The stock ranked 264th in terms of trading volume for the day. Celsius Holdings (CELH) rose by 0.31%, marking its second consecutive day of gains, with a total increase of 6.18% over the past two days.

Celsius Holdings has successfully completed the acquisition of Alani Nutrition LLC (Alani Nu) for $1.8 billion. This acquisition includes a combination of cash and stock, uniting the Celsius and Alani Nu brands to create a robust functional beverage portfolio. The deal also involves $150 million in tax assets, resulting in a net purchase price of $1.65 billion. The acquisition was finalized on April 1, 2025, and is expected to strengthen Celsius Holdings' position in the energy drink market.

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