Thank Kylie Jenner for Sending Coty Stock Higher on Friday

Jon Quast, The Motley Fool
Thank Kylie Jenner for Sending Coty Stock Higher on Friday

Shares of Coty (NYSE: COTY) popped today, after the company announced its Kylie Skin products are now available in Europe. The announcement boosted Coty's valuation by a full $300 million, and shareholders will undoubtedly be thanking celebrity Kylie Jenner for that.