Coty
The Beauty Bubble Bursts: Coty Shares Plummet 16% Amidst China Slump and Retail Destocking
In a staggering blow to the cosmetics industry, Coty Inc. (NYSE: COTY) saw its shares retreat by 16% today, February 6, 2026, marking the company’s steepest single-day decline in years. The sell-off followed a disappointing second-quarter fiscal 2026 earnings report that laid bare the intensifying challenges facing the beauty