ELF Stock Tumbles 39% in 3 Months: Time to Hold Tight or Exit?
e.l.f.(ELF) ZACKS·2024-10-18 23:40
e.l.f. Beauty, Inc. (ELF) , a leading player in the cosmetics and skincare market, has experienced a sharp 39.2% drop in its stock price over the past three months compared with the industry's decline of 13.9%. This underperformance contrasts with the broader Zacks Consumer Staples sector's 4.7% growth and the S&P 500's 5.6% rise during the same period. ELF Price Performance vs. Industry, S&P 500 & Sector Image Source: Zacks Investment Research The company is dealing with challenges like intense competition ...