DJ Ulta Beauty Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Ulta Beauty Inc. $(ULTA)$ rose 1.73% to $514.34 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.28% to 5,203.58 and Dow Jones Industrial Average falling 0.08% to 39,282.33.
The stock's rise snapped an eight-day losing streak.
Ulta Beauty Inc. closed $60.42 short of its 52-week high ($574.76), which the company reached on March 14th.
The stock outperformed some of its competitors Tuesday, as Target Corp. $(TGT)$ fell 0.01% to $172.64 and Macy's Inc. $(M)$ fell 2.80% to $19.08.
Trading volume (863,059) eclipsed its 50-day average volume of 678,725.
Data source: Dow Jones Market Data, FactSet. Data compiled March 26, 2024.
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(END) Dow Jones Newswires
March 26, 2024 17:06 ET (21:06 GMT)
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