Coty’s Stock Debut Isn’t Pretty
June 13, 2013 at 14:52 PM EDT
The fragrances made by beauty products company Coty (COTY) bear the names of famed fashion designers like Vera Wang and Calvin Klein. The company’s stock could have used a little star power on its first day trading on the New York Stock Exchange. Coty priced its IPO at $17.50 and raised $1 billion. But in [...]
