Avon’s stock tumbled 7.5 percent Monday after Canaccord Genuity said that the cosmetics company’s prospects as a takeover target were overblown. The stock closed at $3.83 a share, down 31 cents.
Avon’s stock tumbled 7.5 percent Monday after Canaccord Genuity said that the cosmetics company’s prospects as a takeover target were overblown. The stock closed at $3.83 a share, down 31 cents. File photo by EDDIE SEAL Bloomberg News
Avon’s stock tumbled 7.5 percent Monday after Canaccord Genuity said that the cosmetics company’s prospects as a takeover target were overblown. The stock closed at $3.83 a share, down 31 cents. File photo by EDDIE SEAL Bloomberg News

Avon stock tumbles on skepticism surrounding possible takeover

October 12, 2015 10:34 PM