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Rockstar Energy founder buys Celsius shares and demands CEO ouster

Celsius Holdings logoCelsius Holdings
Sig2.65Sen-3.85Env0.00Soc0.00Gov-5.15

Rockstar Energy founder Russ Savage bought millions of Celsius Holdings shares and said he now controls more than 12 million shares. After a recent earnings miss, he urged the company to remove the CEO and other top executives, arguing lost shelf space is hard to regain. He cited ongoing integration of Alani Nu and the U.S. and Canada Rockstar brand.

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