Facebook Stock Drops 2%, Ulta Beauty Gains 8% on Earnings Beat

Facebook Drops 2%, Ulta Gains 8%

Diana Linn, account manager at Adviser Investments, has the market analysis for Friday, March 15. All major U.S. market indexes advanced: The Dow Jones Industrial Average and S&P 500 each rose 0.5% while the NASDAQ gained 0.8% . Meanwhile, Facebook’s stock fell 2.4%  as investors reacted to the announced departure of Chief Product Officer Chris Cox as well as fallout related to the livestream of last week’s violence in New Zealand . On the other hand, Ulta Beauty’s stock surged 8%  today to reach an all-time high  after the company exceeded both earnings and sales expectations  in the fourth quarter.


Recent Videos

View All Videos

Lowell on China’s Evergrande Debacle

Wiener on the ETF Edge Podcast

Wiener Talks China on CNBC

Lowell on Fox Business: Market Still Has Room to Run

Adviser Investments' logo is a registered trademark of Adviser Investments, LLC.