Revlon ( NYSE: REV ) stock has receded in recent days nearly as quickly as it roared to hundreds of percentage points in gains in the weeks prior.
Shares of the insolvent beauty retailer fell nearly 20% during Wednesday’s trading session, adding to significant declines to start the week. The stock has slipped more than 40% since Monday’s market open, peeling back much of the gains marked at the close of last week.
As the trend has turned, bets against the stock have only increased with short interest once again reaching eye-watering levels .
Read more on other big losers in hump day trading .
For further details see:
Revlon stock slides nearly 20% as post-bankruptcy pop loses steam