Macy’s Hits 7-Year Low, Ulta Slices 200-Day As Beauty Gets Old – Investor’s Business Daily


Investor’s Business Daily
Macy’s Hits 7-Year Low, Ulta Slices 200-Day As Beauty Gets Old
Investor’s Business Daily
Macy’s (M) shares hit a seven-year low and Ulta Beauty (ULTA) breached its key 200-day moving average amid a report that department stores are now discounting prestige beauty products, a segment once thought to be untouchable by price slashers.

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Source: beauty – Google News

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