Unilever's (NYSE: UL) stock has risen more than 10% over the past three months, but the shares are still down by over 20% since hitting a high-water mark in 2019. So the problems that have been a drag on the company's stock predate the coronavirus pandemic. Here's a look at what's going on and why investors may want to buy the stock anyway.

Alan Jope was introduced as Unilever's new CEO in early 2019. At that point, the company had a business structure in which it simultaneously called two different countries home. This oddity made tracking the stock and its financials far more complicated than almost all of its closest peers. Jope helped to switch the company to operate out of the U.K. in 2020, making it much easier for investors to get a handle on its financials. 

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Source Fool.com