Why Ulta Beauty Stock Was Sliding This Week
Shares of Ulta Beauty (NASDAQ: ULTA) were pulling back this week after the beauty retailer gave downbeat guidance in an investor conference with JPMorgan Chase on Wednesday. CEO Dave Kimbell noted a slowdown across the company's product categories several times at the investor conference. As a result, the stock was down double digits on Wednesday.
As of Thursday at 12:28 p.m. ET, the stock was down 13.2% for the week, according to data from S&P Global Market Intelligence.
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JPMorgan Chase & Co. Stock
€187.08
1.040%
The stock is an absolute favorite of our community with 32 Buy predictions and no Sell predictions.
With a target price of 202 € there is a slightly positive potential of 7.98% for JPMorgan Chase & Co. compared to the current price of 187.08 €.
