Why elf Beauty (ELF) Stock Is Falling Today

Why elf Beauty (ELF) Stock Is Falling Today

Shares of cosmetics company elf Beauty (NYSE:ELF) fell 3.6% in afternoon trading after the stock extended its negative momentum as the company reported mixed second-quarter results and issued a disappointing outlook for its full fiscal year, prompting a series of analyst downgrades and price target cuts. The cosmetics company’s revenue of $343.9 million missed analysts’…

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