The Traderszone Network

Published in TZ Latest News 5 December, 2014 by The TZ Newswire Staff

Ulta, Starbucks Soar, But Some Retail Stocks Plunge

Retail stocks have been active during the key holiday shopping season, with big moves Friday across various groups tracked by IBD. Ulta Beauty (ULTA) on Friday represented the No. 9-ranked specialty retail group as the stock gapped up and rose 3% to a 52-week closing high in heavy trade. It spiked as much as 7% early but pared half its gains. Shares are extended 7% from a 121.53 cup-with-handle entry.

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