Stock Market Update
14-Mar-25 11:30 ET
ULTA, DOCU outperform despite disappointing guidance
Dow +544.84
at 41358.10,
Nasdaq +369.16
at 17672.17,
S&P +95.17
at 5616.69
[BRIEFING.COM] The S&P 500 trades 1.7% higher near its best level of the session and the Nasdaq Composite is 2.1% higher.
Ulta Beauty (ULTA 351.99, +37.52, +11.9%) and DocuSign (DOCU 87.82, +13.13, +17.5%) reported disappointing guidance, yet trade sharply higher in today's broad advance. ULTA talked about consumer uncertainty and issued disappointing full-year guidance and DOCU issued Q1 and full-year revenue guidance below consensus estimates.
Coming into today, ULTA shares were down 14.6% month-to-date and DOCU shares were down 10.2% month-to-date.
