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Why Ulta Beauty Stock Popped Today

TheMotleyFool

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Why Ulta Beauty Stock Popped TodayPhoto, wide shot, wide-angle lens, Convenience store, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Edward Burtynsky: https://img.midjourneyapi.xyz/temp/35bdb659-cf5a-466a-95a9-428a230a2d2e.png

Shares of Ulta Beauty (NASDAQ: ULTA) were looking attractive today after the salon and cosmetics chain delivered a better-than-expected third-quarter earnings report last night. After the stock had plunged following its August earnings report, today's update helped to reassure investors that the growth story is still intact.

As of 11:57 a.m. EST, the stock was up 13%.

Image source: Ulta Beauty.

Source Fool.com

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