DJ Ulta Beauty Inc. Stock Underperforms Monday When Compared To Competitors
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Shares of Ulta Beauty Inc. $(ULTA)$ slid 3.24% to $353.35 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.39% to 5,893.62 and the Dow Jones Industrial Average falling 0.13% to 43,389.60.
This was the stock's second consecutive day of losses.
Ulta Beauty Inc. closed $221.41 below its 52-week high ($574.76), which the company achieved on March 14th.
The stock underperformed when compared to some of its competitors Monday, as Target Corp. $(TGT)$ rose 2.91% to $156.56, Macy's Inc. $(M)$ fell 1.48% to $15.26, and Sally Beauty Holdings Inc. $(SBH)$ fell 0.52% to $13.34.
Trading volume (1.4 M) eclipsed its 50-day average volume of 1.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 18, 2024.
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(END) Dow Jones Newswires
November 18, 2024 17:12 ET (22:12 GMT)
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