So why did the stock rally nearly 80% in 2019?
News & Analysis: Coty (Class A)
COTY earnings call for the period ending May 9, 2019.
Shares of the cosmetics company bounced on a better-than-expected earnings report and a tender offer from its biggest shareholder.
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Investors shouldn’t confuse the tender offer with a takeover bid.
The beauty product maker’s blemishes are still tough to ignore.
These stocks stood out on a strong day for the market.
Shares of the cosmetics maker jumped on a tender offer from JAB Holding.
COTY earnings call for the period ending December 31, 2018.
Even on a mixed day, these companies managed to post gains