DJ Ulta Beauty Inc. Stock Rises Wednesday, Still Underperforms Market
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Shares of Ulta Beauty Inc. $(ULTA)$ rose 1.21% to $387.53 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 2.53% to 5,929.04 and the Dow Jones Industrial Average rising 3.57% to 43,729.93.
Ulta Beauty Inc. closed $187.23 below its 52-week high ($574.76), which the company reached on March 14th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Target Corp. $(TGT)$ fell 2.45% to $147.29, Macy's Inc. $(M)$ rose 5.03% to $16.09, and Sally Beauty Holdings Inc. $(SBH)$ rose 2.40% to $13.22.
Trading volume (1.2 M) remained 31,556 below its 50-day average volume of 1.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 6, 2024.
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(END) Dow Jones Newswires
November 06, 2024 17:12 ET (22:12 GMT)
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