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Why Coty Stock Was Climbing Today

TheMotleyFool

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Why Coty Stock Was Climbing TodayPhoto, wide shot, wide-angle lens, Home decor store, Midday, harsh overhead sunlight, directional sunlightt, photo by Marc Adamus: https://img.theapi.app/temp/1f534af1-8f1f-47f4-aa9f-66269ecafb79.png

Shares of cosmetics maker Coty (NYSE: COTY) were looking attractive today, surging after the company turned in a better-than-expected profit in its first-quarter earnings report and showed progress in its turnaround strategy.

As of 12:12 p.m. EST on Wednesday, the stock was up 13.6%.

Image source: Getty Images.

Source Fool.com

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