Published on 2 Aug 2022 on Market Watch
Ulta Beauty Inc. stock falls Tuesday, still outperforms market
Shares of Ulta Beauty Inc. slumped 0.35% to $392.90 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.67% to 4,091.19 and Dow Jones Industrial Average falling 1.23% to 32,396.17. Ulta Beauty Inc. closed $45.73 below its 52-week high ($438.63), which the company reached on April 21st.
Despite its losses, the stock outperformed some of its competitors Tuesday, as CVS Health Corp. fell 0.68% to $95.37, Walgreens Boots Alliance Inc. fell 2.11% to $39.05, and Amazon.com Inc. fell 0.91% to $134.16.true Trading volume (611,500) remained 258,824 below its 50-day average volume of 870,324.