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Celsius Holdings Stock Is Tumbling Tuesday: What’s Going On?

By Adam Eckert
May 28, 11:08 AM
Celsius' sales growth and market share are moving in the wrong direction in recent weeks. The report indicates that Celsius' sales growth slowed to 39% for the week ended May 18. It further suggests that Celsius' market share declined from 10.8% to 10.5% in the most recent week of data, while Celsius' pricing was down 7.2% on a year-over-year basis.

CELH

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DraftKings Stock Is Sliding Tuesday: What’s Going On?

By Adam Eckert
May 28, 9:10 AM
The Illinois senate approved new tax increases over the weekend that would more than double the current tax rate. Sportsbooks in Illinois are currently paying an effective tax rate of about 15%, but the new tax increases would see that number jump into the mid-to-high 30% range. The bill is expected to move through the House and become effective at the beginning of July.

DKNG

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What’s Going On With Arm Holdings Stock Thursday?

By Adam Eckert
May 23, 9:05 AM
Arm Holdings Plc (NASDAQ:ARM) shares are trading higher Thursday in sympathy with NVIDIA Corp (NASDAQ:NVDA), which jumped after reporting earnings for the first quarter. Arm develops and licenses high-performance IP solutions for CPUs, GPUs, and NPUs, relied on by many of the world's semiconductor companies to develop their products.

ARM