DJ Ulta Beauty Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Ulta Beauty Inc. $(ULTA)$ slid 0.98% to $376.11 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.33% to 5,813.67 and Dow Jones Industrial Average falling 0.22% to 42,141.54.
This was the stock's second consecutive day of losses.
Ulta Beauty Inc. closed $198.65 short of its 52-week high ($574.76), which the company reached on March 14th.
The stock underperformed when compared to some of its competitors Wednesday, as Target Corp. $(TGT)$ rose 0.40% to $148.52 and Macy's Inc. $(M)$ fell 0.90% to $15.43.
Trading volume (781,816) remained 505,608 below its 50-day average volume of 1.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 30, 2024.
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(END) Dow Jones Newswires
October 30, 2024 17:11 ET (21:11 GMT)
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