DJ Ulta Beauty Inc. Stock Underperforms Monday When Compared To Competitors
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Shares of Ulta Beauty Inc. $(ULTA)$ slipped 1.23% to $380.54 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.10% to 6,001.35 and the Dow Jones Industrial Average rising 0.69% to 44,293.13.
This was the stock's second consecutive day of losses.
Ulta Beauty Inc. closed $194.22 short of 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 Monday, as Target Corp. $(TGT)$ rose 2.34% to $153.28, Macy's Inc. $(M)$ fell 2.11% to $15.34, and Sally Beauty Holdings Inc. $(SBH)$ rose 2.26% to $13.10.
Trading volume (968,009) remained 233,945 below its 50-day average volume of 1.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 11, 2024.
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(END) Dow Jones Newswires
November 11, 2024 17:12 ET (22:12 GMT)
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