Kylie Jenner, Not COVID-19, Is to Blame for the S&P 500’s Weakest Stock
- The worst-performing stock in the entire S&P 500 is Coty Inc.
- Despite a massive recovery in rivals like Estee Lauder and LOreal, the beauty company has hugely unperformed the U.S. stock market.
- Controversy surrounding Kylie Jenner is likely the cause; can a partnership with Kim Kardashian-West save the day?
After tumbling 60% from its open in 2020, beauty company Coty Inc. (NYSE:COTY) has collapsed in value since the start of the pandemic. Dont just blame COV…
