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JPMorgan says Elf Beauty (ELF) issued a press release this morning debunking allegations made by short seller Muddy Waters yesterday. The short seller asserted that the perfect correlation broke ...

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Muddy Waters alleges E.L.F. has overstated its revenue in last three quarters by approximately $135 million to $190 million. "We believe that in Q2 FY24, ELF management realized its growth narrative ...

Muddy Waters is short e.l.f. Beauty because the firm believes the company has “materially overstated revenue over the past three quarters – possibly by ~$135 million to ~$190 million.” Carson Block’s ...

You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. The notorious short-seller Carson Block has a new target: the discount cosmetics company ELF Beauty.

11:32 EST Muddy Waters short Elf Beauty (ELF), sees ‘revenue and inventory mystery’ Don't Miss our Black Friday Offers: Discover the latest stocks recommended by top Wall Street analysts, all in one ...

(Reuters) -Elf Beauty said on Thursday allegations by short-seller Muddy Waters about the beauty company overstating its revenue and inventory numbers were "without merit". Muddy Waters has taken a ...

Investing.com -- ELF Beauty Inc (NYSE:ELF) said Thursday that allegations from short-seller Muddy Waters (NYSE:WAT) about overstated revenue and inflated inventory figures are "without merit." Muddy ...