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Why Is The Beauty Health Company Jumping Higher Today?


Shares of The Beauty Health Company (NASDAQ: SKIN) (BHC) are running 10.7% higher at 10:39 a.m. ET on Tuesday morning after the skin care company reported fourth-quarter earnings that beat analyst expectations on the top and bottom lines.

The BHC also announced it was making an acquisition: that it would be buying, for an undisclosed amount, SkinStylus, a manufacturer of a Food and Drug Administration-approved microneedling device.

Image source: Getty Images.

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Source Fool.com

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