Why Celsius Holdings Stock Jumped Today

Why Celsius Holdings Stock Jumped Today
·1 min read

Fitness and health drink maker Celsius Holdings (NASDAQ: CELH) reported first-quarter 2021 results today that showed volume and sales growth has continued to accelerate. The Florida-based maker of drinks used by athletes and fitness buffs reported revenue in the first quarter jumped 78% over the year-ago quarter, led by sales growth in North America. Sales in the company's U.S. home market more than doubled in the first quarter, making up almost 80% of total revenue.