NYSE:COTYPersonal Products
Coty (COTY) Moved, What Is Behind The Fresh Attention?
Coty (COTY) is back in focus after reporting a wider loss and a softer near-term profit outlook, with management pointing to margin pressures, SKU rationalization, and the early return of the Gucci Beauty license.
At a share price of $2.74, Coty has seen short term pressure, with a 7 day share price return of 9.57% following the earnings miss and guidance reset, yet a 90 day share price return of 22.87% suggests some earlier momentum had built before this pullback.
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