ELF Beauty Turnover Surges 70.41% to $35.8 Million, Ranks 401st Despite 18.96% Stock Drop Amid Lawsuits

On April 3, 2025, e.l.f. Beauty (ELF) experienced a significant increase in trading volume, with a turnover of $35.8 million, marking a 70.41% rise from the previous day. This surge placed ELF at the 401st position in the daily stock market rankings. However, the stock price of ELF dropped by 18.96%.

Multiple class action lawsuits have been filed against e.l.f. Beauty, Inc. (ELF), with investors being notified of upcoming deadlines to join these legal actions. The lawsuits allege securities fraud and misrepresentation, with several law firms, including Levi & Korsinsky, Kirby McInerney LLP, and The Schall Law Firm, actively involved in representing affected investors. These legal developments have added to the uncertainty surrounding the company's future prospects, potentially impacting investor sentiment and stock performance.

Investors who have suffered losses due to the alleged misconduct are encouraged to contact the respective law firms to explore their options for joining the class action lawsuits. The deadlines for joining these legal actions are set for May 5, 2025, and investors are advised to act promptly to ensure their eligibility. The ongoing legal proceedings and the potential for further revelations could continue to influence the stock price of ELF in the coming weeks and months.