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Why is ESLOF up 6.86%?
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ESLOF:OTCMKTS
EssilorLuxottica SA
$168.91
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+6.86%(+10.84) 1D
Oct 2, 4:00:00 PM GMT-4 · USD
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All symbols
| Symbol | Price | Change | % Change |
|---|
insights_autoGenerating top insights for ESLOF...
Open
$170.25
High
$170.25
Low
$160.49
Mkt. cap
66.60B
Avg. vol.
4.78K
Volume
13.91K
52-wk high
$376.38
52-wk low
$156.36
Beta
0.78
Shares outstanding
464.25M
No. of employees
214K
Open
$170.25
High
$170.25
Low
$160.49
Mkt. cap
66.60B
Avg. vol.
4.78K
Volume
13.91K
52-wk high
$376.38
52-wk low
$156.36
Beta
0.78
Shares outstanding
464.25M
No. of employees
214K
News stories
From web sources and news partners
AD HOC NEWS
·
11 hours ago
EssilorLuxottica reports buybacks of EssilorLuxottica stock
AD HOC NEWS
·
1 day ago
EssilorLuxottica stock after-hours at EUR 143.40: minus 1.07 percent versus prior close
AD HOC NEWS
·
1 day ago
Nuance Audio Plus launches as EssilorLuxottica stock sits 55.00 percent below its high
AD HOC NEWS
·
1 day ago
RBC cuts target for EssilorLuxottica stock from EUR 230 to EUR 190
Profile
EssilorLuxottica SA is a Franco-Italian vertically integrated multinational holding company registered in Charenton-Le-Pont and headquartered both in Paris and Milan. It designs, produces and markets ophthalmic lenses, equipment and instruments, prescription glasses and sunglasses. It was founded on 1 October 2018, and its name is an amalgamation of the two major corporations which merged to create it; the French Essilor and the Italian Luxottica. The two companies have, since the merger, been restructured as subsidiaries of the new entity.
Under the terms of the merger agreement, Essilor would purchase Luxottica, but Luxottica's leadership would be guaranteed prominent positions in the newly-formed corporation as well as some seats on its board of directors; the Luxottica founder, Leonardo Del Vecchio, was notably designated chairman. The first few years of EssilorLuxottica post-merger were marred by disputes over leadership roles, but Del Vecchio was able to bring them to a satisfactory end.
Essilor and Luxottica were respectively the world's leading manufacturers of ophthalmic lenses and of eyeglasses; upon the merger, EssilorLuxottica thus became a monopoly. Wikipedia
About EssilorLuxottica SA
CEOFrancesco Milleri
Employees214K
FoundedOct 1, 2018
Headquarters-
SectorMedical device
Websiteessilor.com