e.l.f. Stock: Is Its Rhode Buy a Genius Move or a Risky Gamble?

Key Points - On Wednesday, cosmetics company e.l.f. Beauty announced that it's buying Hailey Bieber-owned brand Rhode. - The acquisition has the potential to reinvigorate e.l.f. Beauty's growth. - It will have a big opportunity to expand Rhode's product assortment and increase the brand's…