Ulta stock downturn is simply 'normalizing,' analyst says
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has been in a downward spiral after comments by the beauty retailer's CEO at a JPMorgan retail conference caught investors off guard.
Since April 2, shares have been off by more than 18% after CEO Dave Kimbell warned of "a slowdown in the total category across price points and segments."
"I think it's just ... a bit of normalization," Brown told Yahoo Finance. "In general, in…
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