I recently joined The REIT Forum and if you are looking for more investment ideas like this one, get them exclusively at The REIT Forum with access to our subscriber only portfolios.Last year, e.l.f. Beauty, Inc. (NYSE: ELF ) had changed their sourcing practices where they would take ownership of their finished goods at the factory itself, in China, rather than at arrival at their CaliforniaAmrita runs a boutique family office fund in beautiful Vancouver, where she leads the investment strategy for the fami ...

Joey King for e.l.f. Cosmetics' "Fandom" campaign Courtesy of e.l.f. Beauty E.l.f. Beauty, the cosmetic company that stands for eyes-lips-face and is ranked number two in Forbes most successful mid-cap stock list, is under pressure from allegations by Muddy Waters’ Carson Block that it has “materially overstated revenue” by about $135 million to approximately $190 million over the last three quarters.On Wednesday, November 20, Muddy Waters announced it was short-selling its ELF stock holdings, claiming the ...

NEWTOWN, Pa., Nov. 25, 2024 /PRNewswire/ -- Edelson Lechtzin LLP is investigating potential violations of the federal securities laws involving e.l.f. Beauty, Inc. ("e.l.f. Beauty") (NYSE: ELF) resulting from allegations of providing potentially misleading business information to the investing public.If you have non-public information that could assist in the e.l.f. Beauty Investigation or if you are an e.l.f. Beauty investor who suffered a loss and would like to learn more, you can provide your information ...

NEW YORK, Nov. 23, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of e.l.f. Beauty, Inc. (NYSE: ELF) resulting from allegations that e.l.f. Beauty may have issued materially misleading business information to the investing public. SO WHAT: If you purchased e.l.f. Beauty securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency f ...

NEW YORK, Nov. 22, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against e.l.f. Beauty, Inc. (“e.l.f. Beauty” or the “Company”) (NYSE: ELF) on behalf of e.l.f. Beauty stockholders. Our investigation concerns whether e.l.f. Beauty has violated the federal securities laws and/or engaged in other unlawful business practices. Click here to participate in the action. On November 20, 2024, Muddy Waters Research issued a ...

LOS ANGELES, Nov. 22, 2024 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of e.l.f. Beauty, Inc. ("e.l.f. Beauty" or "the Company") (NYSE: ELF) for violations of the securities laws.The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Muddy Waters Research published a report about e.l.f. Beauty, Inc. on Novem ...

ATLANTA, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Holzer & Holzer, LLC is investigating whether e.l.f. Beauty, Inc. (“e.l.f. Beauty” or the “Company”) (NYSE: ELF) complied with federal securities laws. On November 20, 2024, Muddy Watters Research released a report alleging that e.l.f. Beauty “has materially overstated revenue over the past three quarters – possibly by ~$135 million to ~$190 million.” Following this report, the price of the Company’s stock dropped.  If you purchased e.l.f. Beauty stock and suffered ...

Key TakeawaysE.l.f. Beauty called claims that it overstated its revenue meritless and said it "was fully confident in our financial statements."The beauty brand's statements come after the short-seller, Muddy Waters, alleged it had inflated its revenues for three quarters.E.l.f.'s stock prices plunged after Muddy Waters' allegations on Wednesday, but have since recovered. E.l.f. Beauty Inc (ELF) called a short-seller’s report meritless a day after its publisher, Muddy Waters Research, accused the cosmetics ...

SAN DIEGO, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Johnson Fistel, LLP is investigating whether e.l.f. Beauty, Inc. (NYSE: ELF) or any of its executive officers violated securities laws by misrepresenting or failing to timely disclose material information to investors. On November 20, 2024, Muddy Waters Research issued a report regarding e.l.f. Beauty. The report states that “Muddy Waters is short e.l.f. Beauty, Inc. (ELF) because we believe it has materially overstated revenue over the past three quarters – poss ...

e.l.f. Beauty, Inc. (ELF) has experienced notable volatility in its stock performance. Over the past three months, the stock has declined 24.7%, underperforming the Zacks Consumer Staples sector’s drop of 4.5% and the S&P 500's growth of 5%. This downward trend reflects a combination of market-wide headwinds and company-specific challenges, raising questions about its near-term outlook.ELF Three-Month Price Performance vs. Sector & S&P 500Image Source: Zacks Investment ResearchHowever, the stock has rebound ...