|Bid||246.00 x 100|
|Ask||255.00 x 100|
|Day's Range||245.80 - 251.50|
|52 Week Range||225.13 - 314.86|
|PE Ratio (TTM)||35.03|
|Dividend & Yield||0.00 (0.00%)|
|1y Target Est||N/A|
Ulta Beauty Inc (NASDAQ:ULTA) stock tanked yesterday on rumors that Amazon.com, Inc. (NASDAQ:AMZN) will bring more cosmetics products to its website through an expanded partnership with Violet Grey. Since June 1, Ulta Beauty is down about 20%. Everyone is falling victim to Amazon, right?
Known retail disruptor Amazon is at it again, reportedly. Who stands to win and who stands to get crushed?
On Wednesday, shares of Ulta Beauty (ULTA) are falling, down about 3.5% in midday trading after rumors are floating about that Amazon (AMZN) is considering a partnership with high-end beauty e-commerce site Violet Grey.