• Celsius Holdings Inc is trading 4.9% down at $28.55, extending a multi-day slide that began after recent market data was released.
  • The continued selling pressure follows Nielsen data from early June that indicated slowing sales growth and a dip in the company's market share to 10.5%, sparking investor concerns about cooling demand.
  • Analysts have also expressed concern that inventory adjustments by partners like PepsiCo could further impact sales, adding to the negative sentiment.