On August 7, Celsius Holdings, Inc. rose 5.17% in regular trading, trading at $24.54/share, with turnover of $72.55 million. The rebound follows the prior session's 17%-plus plunge triggered by a significant Q2 earnings miss.

On the news front, the stock experienced a technical bounce from oversold conditions after Q2 results showed adjusted EPS of $0.36 versus the $0.42 consensus estimate, a 23.4% year-over-year decline. Revenue came in at $817.9 million, up 10.6% year-over-year but well below the $870.1 million analyst expectation. The company cited rising aluminum costs compressing gross margins from 51% to 48%. Morgan Stanley cut its price target to $42 from $48 but maintained its Overweight rating, providing some sentiment support. However, Bernstein downgraded the stock to Market Perform from Outperform and slashed its target from $44 to $26, reflecting a more cautious outlook on growth prospects amid core brand deceleration and ongoing regulatory scrutiny from the Texas Attorney General over high-caffeine drink marketing practices.

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