Celsius Slumps, SoundHound Soars, MetLife Jumps on Underwriting, Volume Growth

On this episode of Stock Movers:

-Celsius Holdings Inc. (CELH) shares tumbled after the energy drink maker’s second-quarter revenue missed expectations as competition hurt sales of its namesake brand. The company’s revenue grew 11% to $817.9 million from a year earlier, missing the $872.6 million average estimate, and revenue for the Celsius line fell 12%.

-SoundHound (SOUN) shares soar after the software company reported better-than-expected second-quarter revenue. D.A. Davidson analyst Gil Luria says the company “reported a strong quarter delivering revenue well ahead of expectations.”

-MetLife (MET) shares jump after second-quarter earnings surpassed Wall Street’s expectations. They were boosted by strong underwriting, volume growth and the success of a five-year plan outlined in late 2024. Adjusted earnings per share climbed about 20% to $2.43 from a year ago, exceeding the $2.30 average estimate of analysts surveyed by Bloomberg. Net investment income rose 18% to $6.7 billion, MetLife said in a statement Wednesday.

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