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flag Nu Skin's stock jumps 16.5% post $250M Mavely sale to Later, funds to boost core business.

flag Nu Skin Enterprises' stock soared 16.5% after its subsidiary Rhyz sold its Mavely platform to Later for about $250 million, plus a minority stake. flag The deal, also benefiting other Mavely equity holders with $33 million, aims to boost Nu Skin's affiliate marketing efforts. flag Nu Skin plans to use the proceeds for debt reduction, innovation, and stock buybacks, enhancing its core business and investments.

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