US90384S3031 - Common Stock
Their stocks have underperformed, but only due to short-term worries.
Their stocks have underperformed, but only due to short-term worries.
Beauty stocks could be in for a pretty bounce-back as they look to move on from the concerning comments delivered by Ulta Beauty.
The stock was downgraded last week on fears that the recent growth slowdown might worsen.
The stock was downgraded last week on fears that the recent growth slowdown might worsen.
These are the stocks posting the largest moves in midday trading.
Curious about the market action on Friday? Dive into the US markets to explore the gap up and gap down stocks in the S&P500 index during today's session.
Ulta stock has struggled to recover after the beauty retailer's CEO hinted that some of the post-pandemic cosmetics hype may be wearing out.
The latest trading day saw Ulta Beauty (ULTA) settling at $425.11, representing a +0.13% change from its previous close.
PARIS (Reuters) -L'Oreal reported a 9.4% rise in first quarter sales on a like-for-like basis on Thursday, beating expectations and shrugging off concerns about a slowdown in leading beauty market the United States. The sales growth far exceeded a consensus of a 6.1% rise cited by analysts at Jefferies. Sales growth at the world's biggest beauty company will reassure the market after bearish comments from U.S. beauty retailer Ulta Beauty earlier this month about a faster-than-expected slowdown in the United States.
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Discover why stocks upgraded by analysts are the buzz, with ULTA, TTWO, and AMAT poised for growth amid a bullish market.
E.l.f Beauty CEO Tarang Amin told CNBC's Jim Cramer it's important that his company try new things.
Beauty spending is up among teens, with brands like Ulta, E.l.f., and Sephora getting a boost.
The indexes and leading stocks are generally holding key levels.
Plus, Levi Strauss leans on baggy jeans, and Ulta says it can rally against Sephora