Estee Lauder Companies, Inc. (EL)

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Estee Lauder Companies Inc. Profile

Estee Lauder Companies Inc. (EL.xnys) is an American multinational manufacturer and marketer of prestige skincare, makeup, fragrance, and hair care products headquartered in New York, United States. Estee Lauder is traded on the New York Stock Exchange (NYSE) as a component of the Standard and Poor’s 500 (S&P-500), and its market cap is $117.25B (USD). Estée Lauder Companies Inc. announced a 3% reduction of their global workforce. The company also announced the closing of approximately 15% of its stores, despite its share price recovery since March 2020 crash. Companies Inc. (EL.xnys) is now focusing more on digital operations and e-commerce.

Holding cost
Long
-5%
Short
-2.5%
Trading hours in US Eastern Time
Fri
09:30-16:00
Mon
09:30-16:00
Tue
09:30-16:00
Wed
09:30-16:00
Thu
09:30-16:00
Sun
Closed
Sat
Closed

Share CFD Trading FAQ

Each investor owning shares of a company is also owning fragments of the company. A quite simple way to explain what a stock is is basically when a company divides itself into several shares and then it makes a part of these equities available to the public, at a price. Each investor owning shares of a company is owning fragments of the company.

While shares represent units of ownership within a company Contracts for Difference (CFDs) allow traders to speculate on the future share price fluctuations of an underlying asset. Thus when trading CFDs traders do not physically own the underlying asset. CFDs are available for a range of underlying assets, such as shares, commodities, and foreign exchange, and indices.

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