ULTA Stock Tumbles 27% in 6 Months: What's Next for Investors?
Ulta Beauty(ULTA) ZACKS·2024-09-17 23:05
Ulta Beauty, Inc. (ULTA) has seen its shares plummet as much as 26.9% in the past six months, lagging the industry's drop of 14.6%. This specialty beauty retailer has also trailed the broader Zacks Retail - Wholesale sector and the S&P 500's respective growth of 8% and 9.3% during the same period. Closing the trading session at $389.29 yesterday, the stock stands well below its 52-week high of $574.76. Ulta Beauty has long been a leader in the beauty retail space, known for its wide array of products and se ...