Ulta Beauty stock tanks as profit warning triggers multiple downgrades
2019-09-01
Ulta Beauty Inc. shares slid 29% Friday, putting them on track for their biggest ever one-day percentage decline, after the beauty products retailer warned that sales headwinds would dent future earnings. The move weighed on other cosmetics stocks with e.l.f. Beauty Inc. ELF, -2.57% down 4.3% and Estée Lauder Cos.Read More →