Unanswered questions on Nivea, Q3 miss hit Beiersdorf shares
BUZZ-Unanswered questions on Nivea, Q3 miss hit Beiersdorf shares ** Shares in Beiersdorf BEIG.DE fall 4% after the German consumer goods maker marginally missed market expectations for third-quarter sales growth
** "On net, then, whilst there are some genuine positives around Derma and La Prairie, the big question around Nivea remains unanswered, and Tesa is also becoming a bigger issue," analysts at Bernstein write in a note
** Today's drop brings the stock down almost 15% YTD
** Shares among worst performers on pan-European index .STOXX
(Reporting by Paolo Laudani in Gdansk)
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