Ulta Beauty (ULTA) Stock Sinks As Market Gains: Here's Why

In the latest market close, Ulta Beauty (ULTA) reached $526.59, with a -0.84% movement compared to the previous day. The stock's performance was behind the S&P 500's daily gain of 0.96%. Meanwhile, the Dow experienced a rise of 0.4%, and the technology-dominated Nasdaq saw an increase of 1.3%.The beauty products retailer's shares have seen an increase of 11.56% over the last month, surpassing the Retail-Wholesale sector's gain of 4.23% and the S&P 500's gain of 3.69%.The upcoming earnings release of Ulta Be ...