Inscrit le: 13 Sep 2017
|Posté le: Lun 25 Sep - 12:33 (2017) Sujet du message: New stocks coming to the market!
|E.l.f. Beauty Inc. shares surged 56% during their first day of trading on the New York Stock Exchange Thursday, valuing the discount-priced cosmetics company at more than $1 billion.
The company aims to provide beauty products at prices below the brands typically sold in department stores and high-end specialty stores. According to e.l.f.—which stands for eyes, lips, face—most of its items retail for $6 or less.
E.l.f. products are sold online and in roughly 19,000 retail stores in the U.S., according to the company. It counts Target Corp. as its oldest national retail customer but also has agreements with Wal-Mart Stores Inc., Gap Inc. ’s Old Navy chain and CVS Health Corp.
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