Investment

HydraFacial parent’s stock cut in half after ‘many mistakes’ lead to ugly quarter

1 Mins read

Shares of HydraFacial parent Beauty Health Co. lost more than half their value, after the skin treatment company reported a large surprise third-quarter loss and said its CEO was leaving, citing “many mistakes” made with regard to its Syndeo delivery system.

The company also disclosed that it was unable to file its audited quarterly results with the U.S. Securities and Exchange Commission on time, but expects to file the 10-Q within the five-day extension period.

The…

Read the full article here

Related posts
Investment

Index Fund Vs. Mutual Funds: Understanding The Key Differences

6 Mins read
Understanding the differences between mutual funds and index funds is fundamental for any investor navigating the diverse landscape of investment options. While…
Investment

Home Depot Earnings Beat Expectations but Sales Fell. Why the Stock Is Rising.

2 Mins read
Home Depot beat earnings expectations in the third quarter but flagged continued pressure on big-ticket items as sales fell 3%. The home-improvement…
Investment

How The Top Financial Accounts On X Turn Posts Into Dollars

8 Mins read
Every single tweet costs nothing and has the potential to reach the entire world. It’s the best lottery ever made. — Naval…
Get The Latest News

Subscribe to get the top fintech and
finance news and updates.

Leave a Reply

Your email address will not be published. Required fields are marked *