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Why Coty Stock Lost 13% in August


Coty (NYSE: COTY) investors trailed the market last month as the stock lost 13% compared to a 2% decrease in the S&P 500, according to data provided by S&P Global Market Intelligence.

The reduction wasn't enough to knock Coty from its wider growth pace, though, as shares remain higher by almost 40% so far in 2019.

Image source: Getty Images.

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Source Fool.com

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