UK markets open in 5 hours 42 minutes
  • NIKKEI 225

    32,246.09
    -324.94 (-1.00%)
     
  • HANG SENG

    17,655.41
    -230.19 (-1.29%)
     
  • CRUDE OIL

    89.87
    +0.24 (+0.27%)
     
  • GOLD FUTURES

    1,942.00
    +2.40 (+0.12%)
     
  • DOW

    34,070.42
    -370.46 (-1.08%)
     
  • Bitcoin GBP

    21,666.36
    -332.24 (-1.51%)
     
  • CMC Crypto 200

    566.62
    -9.64 (-1.67%)
     
  • NASDAQ Composite

    13,223.99
    -245.14 (-1.82%)
     
  • UK FTSE All Share

    4,171.07
    -26.71 (-0.64%)
     

Here's Why Celsius Stock Surged 31% in May and Is Now at an All-Time High

Here's Why Celsius Stock Surged 31% in May and Is Now at an All-Time High

Shares of energy-drink company Celsius Holdings (NASDAQ: CELH) surged 31.3% in May, according to data provided by S&P Global Market Intelligence, and have gone on to hit new all-time highs in June. After the shares gained over 2,800% in just the past five years, many investors are betting on a pullback in the stock price. In the case of Celsius, over 10.4 million shares were sold short as of May 15, according to data from Nasdaq.