Why Ulta Beauty Stock Jumped 19% in January [The Motley Fool]
Macy's Inc (M)
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Source: The Motley Fool
Why Ulta Beauty Stock Jumped 19% in January Jeremy Bowman ( TMFHobo Feb , 09 at :9PM What happened Shares of Ulta Beauty NASDAQ:ULTA Global Market Intelligence As you can see from the chart below, the stock got a jump-start at the beginning of the month thanks in part to the analyst note, and it continued to rise from there. YCharts So what Ulta limped into the new year, licking its wounds after the stock tumbled Image source: Ulta. However, the stock recovered much of those losses in January, benefiting in part from a market recovery that favored growth stocks, and Ulta got a boost from Oppenheimer, the research firm, in a bullish analyst note. Analyst Rupesh Parikh maintained his buy rating on the stock, arguing that the company would continue to benefit from competitor store closings, including Macy's Bon-Ton Stores J.C. Penney already signaled Ulta shares rose .% on Jan. 7 as the report came out. Now what Ulta remains one of the best-performing retailers in the country, regularly
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News
- Macy's slashes job pledge, ups investment for $640M Rowan County distribution center [Yahoo! Finance]Yahoo! Finance
- Romance scammers turn victims into "money mules," creating a legal minefield for investigators [CBS News]CBS News
- I was happy in the UK and dead against moving to New York. When my partner was made redundant, it felt like our only option. [Business Insider]Business Insider
- Macy's Inc. Taps Abigail James as Chief DEI Officer [Yahoo! Finance]Yahoo! Finance
- Sleep Sweet: Save Up to 65% Off a New Mattress With These Deals [CNET News]CNET News
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Earnings
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Sec Filings
- 4/19/24 - Form 3
- 4/19/24 - Form 3
- 4/19/24 - Form 3
- M's page on the SEC website