Celsius Holdings, Inc. (CELH): A Bear Case Theory

We came across a bearish thesis on Celsius Holdings, Inc. (CELH) on Kroker Equity Research’s Substack by Kroker Equity Research. In this article, we will summarize the bear’s thesis on CELH. Celsius Holdings, Inc.'s share was trading at $32.46 as of Oct 21^st. CELH’s trailing and forward P/E were 32.14 and 31.55 respectively according to Yahoo Finance.

[caption id="attachment_1198894" align="aligncenter" width="768"] A shelf filled with a variety of bottles of energy drinks, juices, and sodas in a convenience store.[/caption]

Celsius Holdings has garnered significant attention...