What Caught Our Attention in the Investment World? – Week of August 26-30, 2019
By Anil K. Ambastha and Kuldip K. Ambastha As the second-quarter earnings reporting period is coming to a close, in this past week the market was not impressed with cosmetic retailer Ulta Beauty (ULTA). The company’s lowered second-half guidance generated multiple analyst downgrades, and the stock dropped by 29.6% on Friday, August 30th, marking its …
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