ELF Beauty Stock Rallies On Results, $1 Billion Deal For Bieber's Rhode

ELF Beauty stock rallied on Thursday after a late dive Wednesday, rising on news that international trade court judges had limited President Donald Trump’s authority to impose tariffs. An Appellate court struck down that ruling on Thurday. In addition, the cosmetic company cleared Q4 estimates and announced a deal to acquire Hailey Bieber’s skincare and makeup brand, Rhode, for $1…