Tag: Cosmetics/Toiletries
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Coty shares rise on report Kim Kardashian may buy back beauty stake, Acadia shares fall and more stock movers
[ad_1] Here are some of the biggest movers ahead of Wednesday’s market open: Stock gainers: Shares of Coty Inc. COTY, -0.69% rose 4% in the extended session Tuesday after The Wall Street Journal reported late Tuesday that reality star and entrepreneur Kim Kardashian is in talks to buy back the minority stake in SKKN By…
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Like shoppers at a retail store, IPO investors are demanding discounts and displaying price sensitivity
[ad_1] IPO investors, much like retail shoppers in recent years’ inflationary environment, are demanding clear discounts and demonstrating sensitivity to price and valuations, according to Renaissance Capital. The provider of IPO exchange-traded funds and institutional research said that’s a positive — even if tech unicorns in the pipeline would prefer it were not the case.…
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L’Occitane shares fall sharply after net profit drops more than 50%
[ad_1] L’Occitane International’s shares 973, -16.72% fell sharply Tuesday morning after the beauty product retailer reported its net profit for the fiscal year ended March dropped more than 52%. Shares were recently 19% lower at 18.28 Hong Kong dollars (US$2.33), and were headed for their largest one-day decline since the company’s initial public offering in…
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SiriusPoint’s stock slides 9.4% after Dan Loeb’s Third Point scraps plan to acquire Bermuda-based insurer
[ad_1] The stock of specialty insurer and reinsurer SiriusPoint Ltd. slid 9.4% Friday, after Dan Loeb’s hedge fund Third Point Management said it’s no longer exploring an acquisition of the company. The news comes just a month after Loeb expressed an interest in the Bermuda-based company and said he believed it would be best positioned…
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Getaround stock soars on deal news, First Solar, Tesla, Beyond Meat and other stocks on the move
[ad_1] Here are some of the stocks on the move on Friday. Stock gainers: Shares of car-sharing company Getaround Inc. GETR, +46.54% roared 55% after the company said late Thursday it plans to buy all of the assets of HyreCar Inc. HYREQ, -46.43% for $9.45 million. HyreCar was down 46%. First Solar Inc.’s stock FSLR,…
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Helen of Troy stock rallies on profit forecast; CEO to retire next year
[ad_1] Shares of Helen of Troy Ltd. rose after hours on Wednesday after the designer of home and wellness products released a full-year profit forecast and fourth-quarter results that came in above Wall Street’s expectations. The company — which sells products like Revlon cosmetics, Pur water filters and Oxo food-storage containers, as well as things…