Ulta Beauty Stock Soars; Regeneron Shares Plummet
From Yahoo Finance: 2025-05-30 17:12:00
Costco’s shares rose after reporting strong financial results. The S&P 500 dipped slightly as Trump took a tough stance on China, and inflation softened. Regeneron Pharmaceuticals saw a significant drop in shares due to disappointing COPD trial results. Ulta Beauty exceeded sales expectations, leading to a surge in their stock price.
The S&P 500 ended with minimal losses despite Trump’s trade rhetoric and lower inflation data. Regeneron Pharmaceuticals suffered a 19% decline after their failed COPD treatment trial. Cooper Cos. shares fell 15% after reducing their growth forecast. Eastman Chemical saw a 3.8% drop following the revocation of public funding for a project.
Ulta Beauty surpassed sales and profit estimates, boosting their outlook. Palantir Technologies’ stock rose after an expanded role in government data-sharing. Enphase Energy shares rebounded after a tax bill threatened clean energy incentives. Costco’s stock increased 3.1% on better-than-expected revenue and sales growth.
Read more at Yahoo Finance: Ulta Beauty Stock Soars; Regeneron Shares Plummet