DJ Ulta Beauty Inc. Stock Rises Tuesday, Still Underperforms Market
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Shares of Ulta Beauty Inc. $(ULTA)$ inched 0.31% higher to $419.27 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.20% to 5,070.55 and the Dow Jones Industrial Average rising 0.69% to 38,503.69.
This was the stock's second consecutive day of gains.
Ulta Beauty Inc. closed $155.49 short of its 52-week high ($574.76), which the company achieved on March 14th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Target Corp. $(TGT)$ fell 0.36% to $166.51 and Macy's Inc. $(M)$ rose 1.44% to $19.02.
Trading volume (692,262) remained 179,533 below its 50-day average volume of 871,795.
Data source: Dow Jones Market Data, FactSet. Data compiled April 23, 2024.
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(END) Dow Jones Newswires
April 23, 2024 17:10 ET (21:10 GMT)
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