Ulta Beauty Inc. Stock Slides 4.2%, Underperforms Peers

Dow Jones04:35

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

Shares of Ulta Beauty Inc. slid 4.2% to $517.50 on what proved to be an all-around grim trading session for the stock market, with the Dow Jones Industrial Average remaining mostly unchanged at 53,559.99 and the S&P 500 Index falling 0.2% to 7,711.76.

This was the stock's second consecutive day of losses.

Ulta Beauty Inc. closed 27.6% below its 52-week high of $714.97, which the company reached on February 18th.

The stock underperformed when compared to some of its peers, as Target Corp. fell 1.7% to $163.18, Macy's Inc. fell 2.2% to $22.01, and Sally Beauty Holdings Inc. rose 0.79% to $16.55.

Trading volume totaled 1.6 million, compared to the 50-day average of 656,871.

Data source: Dow Jones Market Data, FactSet

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