DJ Ulta Beauty Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Ulta Beauty Inc. $(ULTA)$ slid 1.65% to $416.60 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 2.95% to 5,872.16 and Dow Jones Industrial Average falling 2.58% to 42,326.87.
This was the stock's second consecutive day of losses.
Ulta Beauty Inc. closed $158.16 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 0.68% to $130.70, Macy's Inc. $(MIMI)$ fell 5.26% to $15.85, and Sally Beauty Holdings Inc. $(SBH)$ fell 1.38% to $12.12.
Trading volume (893,708) remained 182,528 below its 50-day average volume of 1.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 18, 2024.
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(END) Dow Jones Newswires
December 18, 2024 17:10 ET (22:10 GMT)
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