Functional beverage company Celsius Holdings (CELH, Financial) continues to gain momentum, with shares rising 3% pre-market, priced at $35.97. Over the past two days, the stock has surged more than 20%, reaching its highest price this month.
Options trading for Celsius Holdings has been notably active, with the total options volume reaching 335,900 contracts. Of these, 22.2% were put options, while 77.8% were call options, indicating bullish investor sentiment.
Analyst Mark Astrachan from Stifel has reaffirmed his "buy" rating on Celsius Holdings, maintaining a target price of $51.
