• e.l.f. Beauty, Inc. is trading at $62.55, up 0.43% today after a sharp slide in the previous session.
  • The cosmetics company recently launched its new e.l.f. Hair line on TikTok Shop on June 16, followed by positive analyst ratings.
  • Investors are also digesting broader macro uncertainty following the Federal Reserve's decision on June 17 to keep interest rates steady but with expectations of a potential hike later in the year.