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Cibc World Market Inc. Reduces Stock Holdings in Celsius Holdings Inc. $CELH
Cibc World Market Inc. significantly reduced its stake in Celsius Holdings Inc. ($CELH) by 77.4% in Q3, selling over 207,000 shares. Despite this, institutional ownership of CELH remains at 60.95%, with other firms like Hood River Capital Management increasing their positions. The stock trades at $44.68, has a market cap of $11.52 billion, and holds a “Moderate Buy” consensus rating from analysts with an average price target of $66.33.