Nu Skin Enterprises stock declined following the company's second quarter earnings report, which showed deepening losses driven by asset impairment charges, according to Simply Wall Street analysis. The Utah-based multi-level marketing company reported results that included significant non-cash write-downs.

Nu Skin, with historic ties to LDS founder culture, has faced ongoing challenges in its direct-selling business model. The stock market reaction reflects investor concern over the company's financial trajectory and impairment decisions.