L’Oreal shares down 4% on lower-than-expected sales, slowdown in Asia
Balint Porneczi/Bloomberg | Getty Images LONDON — L’Oreal shares fell more than 7.3% in early deals Friday, before slightly paring losses, as the company reported lower-than-expected sales and pointed to a slowdown in demand in Asia. Shares of the stock had recovered slightly to trade down by 4.5% at 10:40 a.m. London time. The world’s … Read more
