From Nasdaq: 2025-02-21 11:41:30

Shares of Celsius (NASDAQ: CELH) surged 44% this week, driven by a significant acquisition announcement. The energy drink brand acquired Alani Nu for $1.65 billion, paying less than 3 times sales and 12 times “fully synergized” EBITDA. Together, the brands now control 16% of the U.S. energy drink market, projected to grow by 10% annually through 2029. While Celsius’ earnings increased retail sales by 22% in 2024, investors may need to be patient as Alani Nu is expected to be cash-accretive in 2025. Consider potential investments carefully, as Celsius was not among the Motley Fool’s 10 best stocks to buy now.



Read more at Nasdaq: Why Celsius Stock Is Skyrocketing This Week