New York-headquartered Revlon (REV) is a well-known manufacturer and seller of cosmetics. I am neutral on the stock. In the era of meme stocks and self-directed trading, you never know which low-priced stock will jump into the financial headlines. On the morning of June 17, it was Revlon stock, as it soared 80% within the first half-hour of the trading session. Was this due to speculative buzz on Reddit? That might or might not have been a factor, but the most obvious catalyst was an event that could determine Revlon's future as a "going concern," as economists sometimes like to put it.
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Revlon (NYSE:REV)
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Revlon (NYSE:REV)
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From Dec 2021 to Dec 2022 Click Here for more Revlon Charts.