Updated
Updated · MarketWatch · May 1
Estee Lauder shares rally 3.38% and outperform competitors
Updated
Updated · MarketWatch · May 1

Estee Lauder shares rally 3.38% and outperform competitors

14 articles · Updated · MarketWatch · May 1
  • The stock closed at $79.30 on Friday, marking a second straight gain, as the S&P 500 rose 0.29% and the Dow Jones Industrial Average fell 0.31%.
  • Estee Lauder beat peers including Johnson & Johnson, down 1.16%, Procter & Gamble, up 0.12%, and Coty, up 0.41%, during a mixed market session.
  • Trading volume reached 7.0 million shares, above its 50-day average of 4.6 million, though the stock remains 34.8% below its 52-week high of $121.64.
With 10,000 jobs cut, can Estee Lauder's digital pivot truly rival L'Oréal's growing luxury empire?
Is Estee Lauder's shift to TikTok a masterstroke or will it alienate its core high-end customers?