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Why e.l.f. Beauty Stock Was Falling Today


Shares of e.l.f. Beauty (NYSE: ELF) were pulling back today after short-seller Muddy Waters announced a short position in the cosmetics stock, accusing it of overstating revenue, profits, and inventory.

Not surprisingly, investors didn't take the news well, and the stock was down 9.9% at 2:15 p.m. ET.

Image source: Getty Images.

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Source Fool.com

Waters Corp. Stock

€282.90
0.970%
Waters Corp. gained 0.970% compared to yesterday.
Waters Corp. is currently one of the favorites of our community with 11 Buy predictions and no Sell predictions.
With a target price of 335 € there is a slightly positive potential of 18.42% for Waters Corp. compared to the current price of 282.9 €.
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