The Traderszone Network

Published in TZ Latest News 10 June, 2016 by The TZ Newswire Staff

Why Coty Inc. Shares Fell 13% Last Month

What: Shares of cosmetics maker Coty Inc. (NYSE: COTY) cracked up in May, falling 13% according to data from S&P Global Market Intelligence. The company delivered an underwhelming earnings report, and said costs resulting from its purchase of Procter & Gamble‘s beauty brands would be greater than expected.

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