(Bloomberg) -- Celsius Holdings Inc. shares dropped by the most in more than two years after industry sales data signaled that the energy-drink maker’s revenue growth is cooling. Most Read from BloombergWall Street Returns to T+1 Stock Trading After a CenturyTreasuries Hit as US Sales Struggle to Lure Buyers: Markets WrapFor Private Credit’s Top Talent, $1 Million a Year Is Not EnoughWorld’s Largest Nuclear Plant Sits Idle While Energy Needs SoarMortgages Stuck Around 7% Force Rapid Rethink of A
Shares of Celsius Holdings were on track for their worst day in years after Wall Street weighed in on the maker of fitness energy drinks. Celsius stock was down 14% to $81.95 in afternoon trading, on pace for its largest decline in two years. On May 9, 2022, shares plunged 17% to $13.96 from $16.91; that was the day before Celsius reported first-quarter numbers, which happened to include stronger-than-expected sales.
Two of PepsiCo's most iconic brands – Lay's and Gatorade – join forces to fuel global grassroots initiatives, champion equal opportunities for women on the pitch and continue PepsiCo's longstanding support of women in sport through its partnership with UEFA.