Pops and Flops: COTY, Abercrombie & Fitch, Beyond Meat Stock
Pops and Flops: COTY, Abercrombie & Fitch, Beyond Meat Stock
Shares for COTY are down following a drop in Q2 sales, likely as people wear less makeup.
The company is reportedly in talks to sell or close its factories and outsource operations.
Abercrombie & Fitch shares are popping after the clothing retailer beat revenue expectations.
The company reported a spike in online sales as brick-and-mortar locations have been closed due to the coronavirus pandemic.
Beyond Meat stock is also up after the company announced direct-to-consumer plans.