Investors knew the third quarter was going to be bad for Celsius (NASDAQ: CELH), but the reality was worse than some expected. What investors need to know is how the revenue drop in Q3 affects the company’s trajectory.

*Stock prices used were end-of-day prices of Nov. 6, 2024. The video was published on Nov. 7, 2024.

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Travis Hoium has positions in Celsius. The Motley Fool has positions in and recommends Celsius. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.