Celsius Holdings is trading at $24.59 (-15.64%) in pre-market as investors adjust positions ahead of its August 6 earnings report.
- The company enters the reporting period facing high expectations, with analysts forecasting $872.2 million in revenue and $0.43 EPS for the second quarter.
- The sharp decline appears to be driven by pre-earnings positioning and a generally softer risk tone across the market, particularly as tech sentiment remains under pressure.