Celsius Shares Slide After Texas Attorney General Opens Probe Into Alani Nu Safety Claims
Shares of Celsius Holdings (NASDAQ: CELH) fell roughly 4% on Thursday after Texas Attorney General Ken Paxton announced a review of the company and its Alani Nutrition unit. The probe is focused on whether the Alani Nu energy drink - which contains 200 mg of caffeine per 12-ounce can - is being marketed in ways that could mislead parents and younge…