AVP - AVP Stock is already Up 150% This Year: What's Lying Ahead?
Cosmetics company Avon Products, Inc. (NYSE:AVP) has been one of the biggest gainers this year, with AVP stock surging by as much as 150% over the course of 2019 so far. The reason behind the stock’s rise is twofold. After years of poor results, the company announced back in January that it was going to restructure its business extensively. However, that was simply the first step, as it then agreed to be acquired. Once the news of the restructuring was announced, the company’s stock surged by as much as 54% back in January.
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