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Current Share Price: 90.680 
Grizzly Research LLC
Initial Report Date(2020/10/09)Share Price:21.970  
Why We Don’t Trust Celsius Holdings Inc. (Nasdaq: CELH) Portrayed Growth
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Given the risks noted in this report, we believe investors should exercise caution when thinking about the growth that (judging by market valuation) is assumed to be a foregone conclusion. Combine this with the apparent fraudulent track record of key individuals and an auditor who seems ill-equipped to detect fraud, and you have yourself a perfect set up for a bad awakening. We see the stock declining to a price target of $ and potentially much lower.
By wantattse 
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