Celsius Holdings Inc is trading 4.1% up at $29.92 as the stock rebounds from recent weakness tied to legal and margin-related concerns.

  • The upward move follows a 1.5% decline in the previous session after law firm Scott+Scott announced a probe into alleged deceptive marketing of energy drinks to children.
  • Today's gain appears to be driven by short-term bargain hunting and price stabilization rather than any new positive company-specific catalysts.
  • The stock remains under pressure from headline risks and broader concerns regarding margin performance despite today's recovery.