Coty shares are trading higher following a report suggesting Kim Kardashian is in talks to buy back her stake in SKKN from the company.
Portfolio Pulse from Benzinga Newsdesk
Coty's shares are trading higher following a report that Kim Kardashian is in talks to buy back her stake in SKKN from the company.
July 12, 2023 | 11:47 am
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POSITIVE IMPACT
Coty's stock price is experiencing an increase due to reports of Kim Kardashian potentially buying back her stake in SKKN.
The news of Kim Kardashian potentially buying back her stake in SKKN has led to an increase in Coty's stock price. This is because investors may perceive this as a positive development, indicating confidence in the company's future prospects.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100