Nu Skin Shares Rise Premarket on Sale of Mavely Platform

Dow Jones

2025/01/03

Nu Skin Enterprises shares closed Thursday at $6.56. "Nu Skin Shares Rise Premarket on Sale of Mavely Platform," at 6:27 a.m. ET, incorrectly said the shares closed Friday at $6.56.

(END) Dow Jones Newswires

January 03, 2025 07:16 ET (12:16 GMT)

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Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nu Skin Shares Rise Premarket on Sale of Mavely Platform</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNu Skin Shares Rise Premarket on Sale of Mavely Platform\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-01-03 19:27</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  Nu Skin Enterprises shares closed Thursday at $6.56. \"Nu Skin Shares Rise Premarket on Sale of Mavely Platform,\" at 6:27 a.m. ET, incorrectly said the shares closed Friday at $6.56. \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 03, 2025 07:16 ET (12:16 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NUS","symbol_name":"如新集团","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2500119169","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2500119169","pubTimestamp":1735903620,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Shares of Nu Skin Enterprises rose sharply in premarket trading Friday after the beauty and wellness company sold its Mavely affiliate marketing technology platform to influencer and social-media marketing company Later for about $250 million in cash and stock.Nu Skin said the consideration includes $230 million in cash and shares of the combined Later/Mavely business valued at $20 million.The Provo, Utah, company said it expects to retain about $207 million in cash and $10 million in stock after payment of about $33 million to other Mavely equity holders.Nu Skin said the deal generated a roughly five-times return on its cumulative investment in Mavely since it acquired the platform in late 2021.Nu Skin said it plans to use proceeds from the sale to pare its debt load, adding that it will use its strengthened balance sheet to buy back stock.Its shares, which closed Friday at $6.56, were recently up 13% at $7.40 in premarket trading.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"NUS":"如新集团","BK4183":"个人用品","BK4532":"文艺复兴科技持仓","BK4585":"ETF&股票定投概念"},"translate_title":"出售Mavely平台，如新股价盘前上涨","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NUS":0.9},"content_text":"Nu Skin Enterprises shares closed Thursday at $6.56. \"Nu Skin Shares Rise Premarket on Sale of Mavely Platform,\" at 6:27 a.m. ET, incorrectly said the shares closed Friday at $6.56. \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  January 03, 2025 07:16 ET (12:16 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}