J.P. Morgan Maintains E.l.f. Beauty(ELF.US) With Buy Rating
e.l.f. beauty (aelf.US) denies the baseless allegations made in the short seller report.
Beauty company e.l.f. beauty (ELF.US) said on Thursday that the short-selling institution Muddy Waters' accusations of exaggerating its revenue and inventory data are "baseless".
aelf Beauty responds to being shorted by Muddy Waters: The accusations of inflating revenue and inventory data are 'completely unfounded'.
aelf Beauty stated in a Thursday statement that the short-selling institutions Muddy Waters' accusations of exaggerating revenue and inventory data are 'baseless,' and that the short-selling report is an attempt by a well-known short seller to negatively impact Elf Beauty's stock price for their own benefit.
Express News | Elf Beauty Inc: Issues Statement Refuting Short-Seller Report
U.S. stock market closing | The three major indices showed mixed results, with nvidia temporarily falling over 5% after hours; bitcoin reached a new high, and stocks related to cryptos surged, with microstrategy rising by 10%.
S&P, Dow Jones, small cap stocks turned higher in the final hour, with the Nasdaq's decline significantly narrowing. Nvidia fell nearly 3% before closing down 0.8%, dropping 5% at one point after hours, as the financial report stated that Hopper and Blackwell face supply restrictions.
E.l.f. Beauty Options Spot-On: On November 20th, 144.98K Contracts Were Traded, With 132.21K Open Interest
On November 20th ET, $e.l.f. Beauty(ELF.US)$ had active options trading, with a total trading volume of 144.98K options for the day, of which put options accounted for 28.68% of the total