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Why Ulta Beauty Stock Rose 20% in August


Ulta Beauty (NASDAQ: ULTA) shares outpaced a booming market in August, rising 20% compared to the S&P 500's 7% increase, according to data provided by S&P Global Market Intelligence.

That rally put the stock closer positive territory in 2020, but shares remain lower by 8% while the broader market is up 9%.

Image source: Getty Images.

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Source Fool.com

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