Celsius Holdings Inc CELH shares are trading higher Monday. The stock appears to be moving on continued momentum after the company announced a three-for-one stock split last week. Celsius is also set to report earnings before the market opens on Tuesday.
What To Know: At the end of last week, Celsius said its board approved plans to to effect a forward stock split on Nov. 13. All shareholders of record are set to receive two additional shares for each share held. The common stock is expected to begin trading on a split-adjusted basis at the market open on Nov. 15.
Celsius is also due to report third-quarter financial results before the market opens on Tuesday. Analysts expect the company to report earnings of 47 cents per share and revenue of $349.549 million, according to estimates from Benzinga Pro.
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CELH Price Action: Celsius shares were up 1.03% at $176.36 at the time of publication, according to Benzinga Pro.
Photo: PublicDomainPictures from Pixabay.
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