Estee Lauder (EL), Consumer Stocks Jump 10.8%
From Yahoo Finance: 2025-06-17 14:02:00
Estée Lauder (EL) saw a 10.8% surge, reaching $74.59 per share, in response to positive trade deal progress. The passing of chairman emeritus Leonard A. Lauder, son of founders Estee and Joseph, was also announced at age 92. Leonard served in various roles at the company before his passing.
Leonard A. Lauder, son of Estee and Joseph Lauder, passed away at 92. He joined Estée Lauder in 1958, serving as president from 1972 to 1995 and CEO from 1982 to 1999. Lauder was named chairman in 1995, continuing until June 2009, leaving a lasting legacy at the company.