Why Estée Lauder Stock Topped the Market Today
ELEstée Lauder(EL) The Motley Fool·2024-10-29 06:57

It seems as if the company will get a new leader quite soon. The apparent end of a long-running corporate succession saga was the news driving Estée Lauder (EL 1.69%) stock into positive territory on Monday. The storied cosmetics company's stock rose nearly 2% on media reports that its board of directors had selected a new CEO. That share price increase was notably higher than the S&P 500 index's 0.3% rise on the day. Meet the new boss The Wall Street Journal was one of the publications disseminating the ne ...