Celsius (CELH) Hits New All-Time High After Earnings

Celsius (CELH) hit a new all-time high today. Alex Coffey and Jenny Horne discusses CELH as its earnings were released May 9th, postmarket. Its adjusted EPS came in at $0.40 versus an estimated $0.22 and its revenue came in at $259.94M versus an estimated $225.12M. They talk about how CELH has seen so much growth over the past five years. They also go over how CELH has not only been advertising, but also partnering with creators on social media sites like Instagram and TikTok. Alex then demonstrates an example trade using CELH. The trade type is sell a put vertical and the direction is neutral to bullish. Tune in to find out more about the stock market today.