NASDAQ:ULTA - Nasdaq - US90384S3031 - Common Stock - Currency: USD
Ulta Beauty (ULTA) closed at $412.15 in the latest trading session, marking a -1.52% move from the prior day.
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Michelle Mack was accused of running a sprawling retail crime ring that targeted Ulta and Sephora stores across the country and will spend five years in prison.
Morgan Stanley analyst Simeon Gutman upgraded Ulta Beauty to ‘Overweight’ from ‘Equal Weight,
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Turning to a familiar retail name, how much wealth has Ulta Beauty (NASDAQ: ULTA) created for shareholders over the last five years? Five years ago, Ulta's stock traded at about $267 a share and closed at over $415 on Jan. 8. Your $5,000 investment would've grown to $7,878.Ulta Beauty's stock doesn't pay dividends, so that doesn't factor into the return.
Chipotle Mexican Grill, Ulta Beauty and ServiceNow are currently exhibiting superb earnings growth.
Ulta Beauty announced CEO Dave Kimbell's retirement Monday, but JPMorgan analysts don't see the transition as a negative for the cosmetics retailer.
U.S. equities were mostly lower at midday as new concerns about inflation dragged down the tech sector.
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