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3 Reasons Why I Bought Celsius Stock


//stocks-investing.news-articles.net/content/2024/12/06/3-reasons-why-i-bought-celsius-stock.html
Published in Stocks and Investing on Friday, December 6th 2024 at 9:31 GMT by The Globe and Mail   Print publication without navigation

  • Despite improving sales prospects for nature-based products, Celsius stock has fallen more than 70% from its high amid an inventory glut. A major Celsius distributor, likely PepsiCo, lowered its purchases to reduce inventory.

The press release from PepsiCo, Inc. (NASDAQ: PEP) discusses their commitment to sustainability and community support through various initiatives. PepsiCo has announced a significant investment in renewable energy by partnering with solar and wind energy projects, aiming to reduce their carbon footprint. Additionally, they have launched a new program called "PepsiCo Positive" which focuses on sustainable agriculture practices, water conservation, and packaging redesign to minimize environmental impact. The company also highlighted their efforts in community engagement, including donations to food banks and support for local farmers. This initiative aligns with PepsiCo's broader goal to create a more sustainable food system and contribute positively to the communities where they operate.

Read the Full The Globe and Mail Article at:
[ https://www.theglobeandmail.com/investing/markets/stocks/PEP-Q/pressreleases/29929492/ ]

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