Can Hailey Bieber Bring e.l.f. Stock Back to Life?

E.l.f. is acquiring the celebrity's cosmetics line.E.l.f. Beauty (ELF 0.79%) stock has been through the wringer over the past few years, and it's down a whopping 40% over the past year. That's despite robust growth over that time, and a brand that continues to surge and gain market share.The market has been worried about rising prices and slowing growth, but smart investors can see that e.l.f. has a long, strong future. In tune with that, the company just acquired Rhode, the cosmetics line developed by mode ...