e.l.f Beauty shares are trading lower on continued weakness after falling last week on Q1 earnings.
Portfolio Pulse from Benzinga Newsdesk
e.l.f Beauty shares are trading lower due to continued weakness following a decline last week after the release of their Q1 earnings.
August 12, 2024 | 6:08 pm
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e.l.f Beauty shares are experiencing a continued decline following a weak Q1 earnings report last week.
The continued decline in e.l.f Beauty shares is directly tied to the market's reaction to their Q1 earnings report, which likely did not meet investor expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100