Ulta Beauty Inc. Stock Climbs 4.9%, Outperforms Peers

Dow Jones08-08 04:35

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Ulta Beauty Inc. rallied 4.9% to $565.15 on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.6% to 7,757.64 and the Dow Jones Industrial Average rising 0.3% to 54,036.93.

The stock's rise snapped a two-day losing streak.

Ulta Beauty Inc. closed 21.0% short of its 52-week high of $714.97, which the company achieved on February 18th.

The stock outperformed some of its peers, as Target Corp. rose 1.8% to $149.70, Macy's Inc. rose 1.1% to $25.40, and Sally Beauty Holdings Inc. rose 4.34% to $16.83.

Trading volume totaled 555,608, compared to the 50-day average of 756,905.

Data source: Dow Jones Market Data, FactSet

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