| | |

Why Estée Lauder Stock Tipped Higher on Thursday

A new executive hire at Estée Lauder Companies (NYSE: EL) was the main news item driving the company’s stock higher on the penultimate trading day of the week. Thursday saw the storied cosmetics maker’s share price rise by over 3%, a figure that was more than high enough to beat the S&P 500 index’s 0.3%…