Celsius Holdings: Despite Volatility, I’m in for the Long Term
VFC submits:
When I last posted about Celsius Holdings (CELH), the company was still trading under the ticker CSUH.OB on the OTCBB market, and investors were anticipating some dramatic price action after the implementation of an expected secondary offering that was to take place in conjunction with a move to the NasdaqCM.
Today, Celsius Holdings trades on the NasdaqCM for roughly $3.50/share – not as much as the drastic price drop as many were expecting, but there was also no news released to cause a spike in price, as many others would have liked to have seen.
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