Revlon, how did this stock do during the 2008 and 1995 economic crisis

Revlon's stock performance during the 2008 financial crisis and the October 1995 surprise was mixed. Here's a detailed analysis:

1. **2008 Financial Crisis**:
- **Performance**: Revlon's stock (NYSE: REV) experienced a significant decline during the 2008 financial crisis. The stock price dropped from around $17 in early 2008 to a low of $1.50 by November 2008.
- **Strategic Moves**: Revlon took several strategic steps to mitigate the impact of the crisis. The company implemented a restructuring program, Revlon 2020, which aimed to streamline operations and reduce costs. Additionally, Revlon secured financing to support its transformation plan, which was necessary for the company to continue operating.
2. **October 1995 Surprise**:
- **Performance**: The stock market's reaction to the October 1995 surprise, which was characterized by a series of interest rate hikes, was volatile. Many stocks experienced significant fluctuations, including Revlon.
- **Strategic Moves**: Revlon's response to the October 1995 surprise is not directly available, but the company's performance during this period suggests that it faced challenges, like many other companies in the market.

In conclusion, Revlon's stock performance during the 2008 financial crisis and the October 1995 surprise was affected by the broader market conditions and economic uncertainties. While the company took strategic steps to stabilize its operations, the stock's decline during these periods reflects the challenges faced by Revlon and many other companies in the market.