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Why Revlon Is Plunging Again Today

TheMotleyFool

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Easy come, easy go. The hope that Revlon (NYSE: REV) could turn into another Hertz following its bankruptcy filing is fading fast, as the stock continues to sell off this week after a trading frenzy caused its stock to double in value.

Shares of the cosmetics company were plunging 20.8% at 11:14 a.m. ET on Wednesday as the appetite for such risky plays seemingly evaporates.

Image source: Getty Images.

Source Fool.com

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