Why e.l.f. Beauty Stock Sparkled This Week
e.l.f.(ELF) The Motley Fool·2024-11-08 15:37
The cosmetics seller noted higher market share in its fiscal Q2 report on Wednesday.Shares of e.l.f Beauty (ELF -1.11%) erased some of their year-to-date losses this week. The makeup products stock rose 13% through Thursday trading, according to data provided by S&P Global Market Intelligence, easily beating the 4.3% surge in the S&P 500.That broad market rally played a role in e.l.f Beauty's stock price spike. However, the bigger factor was the cosmetic specialist's Wednesday earnings report that showed im ...