Nu Skin (NUS) Down More Than 25% in 3 Months: Here's Why

Nu Skin Enterprises, Inc. (NUS) has been grappling with persistent macroeconomic hurdles, with inflation putting pressure on consumer spending and customer acquisition globally. Apart from this, adverse currency fluctuations have been a concern for Nu Skin. Management expects the global macro landscape to remain difficult in the near term, though it is likely to keep improving through 2024.Shares of this Zacks Rank #5 (Strong Sell) company have slumped 27.3% in the past three months against the industry’s g ...