Why Helen of Troy Stock Plunged Today

Shares of home goods and wellness products company Helen of Troy (HELE -10.31%) plunged 10.4% on Monday. The company, which has encountered severe headwinds in recent months -- including an earnings report that underwhelmed and uncertainty over tariffs -- abruptly announced after market close last Friday that its CEO was moving on.While some CEO departure announcements are greeted with an appreciation in a struggling stock on hopes of a turnaround, apparently, the market took Helen of Troy's announcement as ...