Celsius Holdings Surges to 203rd in Trading Volume with $538 Million in Shares Exchanged
1min read On March 31, 2025, celsius holdings (CELH) saw a significant surge in trading volume, with a total of $538 million in shares exchanged, marking a 146.34% increase from the previous day. This surge placed celsius at the 203rd position in terms of trading volume for the day, highlighting a notable increase in investor interest. The stock price of Celsius Holdings also rose by 5.85%.
Celsius Holdings, an energy drink company, has experienced a notable boost in its stock performance. On February 13, the shares opened at $21.47, reflecting a significant decline from its peak in 2024. However, recent developments have injected new energy into the stock, with analysts upgrading its rating and price target.
Truist Securities upgraded Celsius Holdings' stock rating from "Hold" to "Buy," accompanied by a $10 increase in the 12-month price target to $45. This upgrade was driven by the company's recent acquisition of rival energy drink maker Alani Nu for $1.8 billion. The acquisition is expected to enhance Celsius' market share in the energy drink category, particularly in the women's segment, where it aims to increase its presence from 11% to 16%.
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