Coty stock underperforms rivals despite Wednesday gain

8 articles · Updated · MarketWatch · May 6

The shares rose 3.52% to $2.65, their second straight advance, as the S&P 500 gained 1.46% and the Dow added 1.24%.
Coty still lagged Estee Lauder, up 4.61%, while narrowly beating Interparfums, which rose 3.39% in the same session.
The stock closed 50.37% below its 52-week high of $5.34 reached on 16 June, while trading volume of 18.1 million topped its 50-day average of 7.9 million.

Coty's stock surged despite poor results and lawsuits. Is this a genuine turnaround or a classic bull trap?

Can Coty's new strategy targeting Gen X revive its struggling Consumer Beauty division after a massive write-down?