Ugly day for beauty stocks after e.l.f. Beauty lowers guidance
Shares of e.l.f. Beauty ( ELF) swung 20.5% lower in the first 30 minutes of trading on Friday. Ulta Beauty ( ULTA) was down 2.66% and Nu Skin Enterprise ( NUS) was 2.26% lower. Sally Beauty ( SBH ), Coty ( COTY ), Beauty Health Company ( SKIN ), Helen of Troy ( HELE ), and Interparfums ( IPAR) were all in negative territory as well.