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Coty Inc. shares rise 3.18% intraday after reports of possible sale of CoverGirl parent.
ByAinvest
Tuesday, Aug 12, 2025 12:06 pm ET1min read
Coty Inc. rose 3.18% in intraday trading, with the company announcing the launch of new products such as the Origen fragrance collection and Lash Blast Bond mascara. Additionally, there were reports of potential mergers and acquisitions, including Interparfums' interest in Coty's luxury division and the company exploring a possible sale. These developments likely contributed to the positive sentiment surrounding the stock.
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