NU SKIN ENTERPRISES INC - A (NUS) Stock News
NYSE:NUS - New York Stock Exchange, Inc. - US67018T1051 - Common Stock - Currency: USD
NUS Latest News, Press Releases and Analysis
Nu Skin (NUS) Shares Skyrocket, What You Need To Know
Shares of personal care company Nu Skin (NYSE:NUS) jumped 13.3% in the morning session after the company reported strong preliminary Q4 2024 guidance, with revenue expected to be at the high end of the previous guidance range. A day after this report, the company is expected to share updates on its strategy, including the recent sale of Mavely for $250 million. Overall, the updates provide more reasons for investors to stay optimistic.
Nu Skin Enterprises Announces Q4 Preliminary Revenue at High End of Guidance
Nu Skin (NUS) Shares Skyrocket, What You Need To Know
Shares of personal care company Nu Skin (NYSE:NUS) jumped 21.9% in the morning session after the company announced the sale of the Mavely affiliate technology platform, owned by its subsidiary Rhyz Inc., to Later, a marketing and social media management software firm. Valued at $250 million, the deal delivered a substantial payoff, with management adding, "This transaction yielded roughly a fivefold return on the company's total investment in Mavely since its acquisition in 2021."
Why Is Nu Skin Enterprises Stock Jumping Today?
Nu Skin Enterprises, Inc. (NYSE:NUS) saw its shares rise on Friday following the announcement of a strategic transaction by its Rhyz Inc. subsidiary. Rhyz has sold its Mavely affiliate marketing technology platform to Later, a portfolio company of Summit Partners, for approximately $250 million in cash and a minority equity stake in the combined Later/Mavely business. The deal, which also includes $33 million to be paid to other equity holders in the Mavely business, is part of Nu Skin’s broader
Why Is Nu Skin Enterprises Stock Jumping Today?
Nu Skin's stock rose premarket on Friday following the announcement of its Rhyz subsidiary selling the Mavely platform to Later for $250 million.
Nu Skin Enterprises Announces Strategic Transaction of Mavely for $250 Million
Later Acquires Mavely for $250 Million, Unlocking New Opportunities for Marketers and Creators to Maximize their Return on Social
/PRNewswire/ -- Later, a leader in influencer marketing and social media management software and services, today announced its acquisition of Mavely, the...
Nu Skin Enterprises Reports Third Quarter Results
Nu Skin Enterprises Announces Quarterly Dividend
Nu Skin Introduces MYND360™, a New Line of Clinically Proven Supplements and Topicals for Mental Well-Being
Nu Skin Enterprises to Announce Third Quarter 2024 Financial Results
New Data: Gen Z Most Likely to Trust Influencer Gift Recommendations, but Need the Most Touchpoints for a Sell
/PRNewswire/ -- More than a quarter (28%) of consumers have purchased a gift based on a recommendation from a creator or influencer in the past year, according...
Nu Skin Enterprises Appoints Mark A. Zorko to Board of Directors
Palantir Technologies, Dell Technologies, and Erie Indemnity Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600
/PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior...
Mavely Achieves Major Milestones: $675M+ Run Rate with Increased Growth and Creator Payouts
/PRNewswire/ -- Mavely, the Everyday Influencer Platform®, today announces remarkable achievements, underscoring its position as a rapidly growing player in...
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Why Nu Skin Enterprises Stock Flopped on Friday
The company's guidance for its current quarter fell short of expectations.
NUS Stock Earnings: Nu Skin Enterprises Beats EPS, Beats Revenue for Q2 2024
NUS stock results show that Nu Skin Enterprises beat analyst estimates for earnings per share and beat on revenue for the second quarter of 2024.