CELH Surges 4.99% Amid Strategic Cost-Cutting Hopes but Volume Ranks 338th in U.S. Market

Celsius Holdings (CELH) surged 4.99% on Sept. 26, with a trading volume of $310 million, ranking 338th among U.S. stocks that day. The move followed a strategic update highlighting potential cost-cutting measures and regulatory compliance progress, though no immediate operational milestones were disclosed.

Analysts noted the volume spike aligned with broader market volatility but emphasized the lack of new product launches or revenue guidance. Institutional buying pressure appeared limited, as the stock’s performance diverged from sector peers lacking significant news flow. Short-term technical indicators showed mixed momentum, with the 20-day RSI hovering near neutral territory.

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