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Why Yatsen Holding s Stock is Up During Today s Session

Yatsen Holding s Stock Price And Volume Action Yatsen Holding s (NYSE:YSG) stock is trading up 6.15% to a price of $19.83. Tuesday the stock has been traded at a volume of 1.08 million, about 44.54% of its recent 30-day volume average of 2.42 million. Why It s Moving Benzinga Pro s real-time breaking news service shows some insight into what is affecting shares: Yatesen shares are trading higher after the company announced it entered into a definitive agreement to acquire prestige skincare brand Eve Lom from Manzanita Capital. Further Analysis of Recent Price Action The 50-day moving average price of Yatsen Holding s stock was $19.28 when this article was published. The stock reached a high of $25.47 and a low of $15.17 in the past 52 weeks.

Yatsen to Acquire Prestige Skincare Brand Eve Lom

Yatsen to Acquire Prestige Skincare Brand Eve Lom News provided by Share this article Share this article GUANGZHOU, China and LONDON, United Kingdom, March 2, 2021 /PRNewswire/ Yatsen Holding Limited ( Yatsen or the Company ) (NYSE: YSG), a leader in the rapidly evolving China beauty market, today announced it has entered into a definitive agreement to acquire prestige skincare brand Eve Lom from Manzanita Capital ( Manzanita ). Manzanita will retain a minority stake in the business and serve as a strategic partner going forward. The acquisition is expected to be completed within the next few weeks. Founded in 1985 by the renowned facialist Eve Lom, the brand s eponymous skincare collection is centred on the belief that the secret to radiant skin begins with the perfect cleanse. In the 35 years since the launch of the iconic Eve Lom Cleanser, the brand combines high quality natural ingredients with the latest scientific innovations to create a portfolio of luxurious and eff

Yatsen to Acquire Prestige Skincare Brand Eve Lom

Yatsen to Acquire Prestige Skincare Brand Eve Lom
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