DJ Ulta Beauty Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Ulta Beauty Inc. $(ULTA)$ rallied 4.41% to $430.09 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.82% to 6,084.19 and the Dow Jones Industrial Average falling 0.22% to 44,148.56.
The stock's rise snapped a two-day losing streak.
Ulta Beauty Inc. closed $144.67 below its 52-week high ($574.76), which the company achieved on March 14th.
The stock outperformed some of its competitors Wednesday, as Target Corp. $(TGT)$ rose 0.69% to $135.98, Macy's Inc. $(MIMI)$ fell 0.84% to $16.58, and Sally Beauty Holdings Inc. $(SBH)$ rose 0.08% to $12.72.
Trading volume (1.3 M) eclipsed its 50-day average volume of 1.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 11, 2024.
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(END) Dow Jones Newswires
December 11, 2024 17:10 ET (22:10 GMT)
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