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Why Coty Jumped 8% Today

TheMotleyFool

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Why Coty Jumped 8% TodayPhoto, wide shot, wide-angle lens, Laundry service, Midday, harsh overhead sunlight, directional sunlightt, photo by Thomas Heaton: https://img.theapi.app/temp/7d06f1e2-46d1-4cac-90e0-6cc2313e43fe.png

Shares of Coty (NYSE: COTY) were moving higher today after the cosmetics company updated investors on its growth acceleration strategy this morning, taking another step forward in its turnaround.

The stock finished the day up 7.7%.

Image source: Coty.

Source Fool.com

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