Why Revlon Stock Sank This Week

·2 min read

Revlon (NYSE: REV) stock trailed the market by a wide margin this week. The makeup specialist's shares fell 22% through Thursday trading even as the wider market rose 1.5%, according to data provided by S&P Global Market Intelligence. Revlon, which is currently going through a bankruptcy restructuring, revealed on Tuesday that sales fell 11% in Q2, to $443 million.