What's Next for e.l.f. Beauty Stock After a 25% Drop in 3 Months?

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 ...