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E.L.F Beauty (ELF) Fell Due To Weaker Than Expected Guidance

Carillon Tower Advisers, an investment management company, released its “Carillon Eagle Small Cap Growth Fund” third quarter 2024 investor letter. A copy of the letter can be downloaded here. After experiencing losses in the second quarter, small-cap stocks notably increased in the third quarter. The Russell 2000 Growth Index (up 8.41%) underperformed the Russell 2000 Value Index (up 10.11%). In addition, please check the fund’s top five holdings to know its best picks in 2024.

Carillon Eagle Small Cap Growth Fund highlighted stocks like E.l.f. Beauty, Inc. (NYSE:ELF), in the third...