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Rockstar Energy founder builds Celsius stake, wants to take over as CEO
The billionaire founder of Rockstar Energy has purchased millions of shares of Celsius Holdings and is calling for the ouster of that company's CEO after its earnings miss this week.
Summary
The billionaire founder of Rockstar Energy has purchased millions of shares of Celsius Holdings and is calling for the ouster of that company's CEO after its earnings miss this week. Russ Savage now controls more than 12 million shares of Celsius, he told CNBC. Celsius markets its energy drinks to athletes and health-conscious consumers and has exploded in popularity in recent years.
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