Why Waldencast Stock Is Skyrocketing Today

Waldencast's recently published Q2 report arrived with plenty for investors to be excited about. Waldencast (WALD -0.69%) stock is skyrocketing Wednesday. The cosmetics company's share price was up 15.9% as of 11:45 a.m. ET, according to data from S&P Global Market Intelligence. Shares had been up as much as 63.4% earlier in the day's trading. Waldencast published second-quarter results after the market closed yesterday, reporting sales that crushed expectations. Management also indicated that performance s ...