In This Article:
Ulta Beauty (ULTA) shares gain after delivering a fourth quarter earning beat.
Shares of Universal Music Group (UMG.AS) are falling after Bill Ackman announced Pershing Square will be reducing its stake in the music giant.
Loop analysts upgrade Chipotle (CMG) to Buy and lifted their price target for the stock.
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It's now time for some of today's trending tickers. Scan the QR code to track the best and worst performing stocks of the day, via Yahoo Finance's trending tickers page. First up, shares of Ulta Beauty rising after beating the streets expectations for the fourth quarter. That's despite issuing a cautious outlook for the current period, citing consumer uncertainty, as well as internal challenges. Ulta expecting comp sales to remain flat to rising just 1% for 2025, lowering its annual earnings forecast and anticipating between $22.50 and $22.90 a share to come. Those shares up nearly 9%. And billionaire investor Bill Ackman cutting his stake in Universal Music Group. Shares taken some losses down nearly 8% right now. Ackman confirming his hedge fund Pershing Square is trimming its position from 27% to 17% of its total holdings. According to Bloomberg, Pershing Square will sell 50 million shares at $29 each, in a deal valued at $1.4 billion. In a post on X, Ackman calling UMG, quote, "one of the best businesses we've ever owned," claiming the company has outperformed the rest of its portfolio year to date. Finally, Chipotle getting an upgrade to buy from hold at Loop Capital Markets, the analyst raising its price target to $65 from $58, citing valuation, his view of improved comp sales trends, and a very manageable tariff risk. Loop says Chipotle only sources around 2% of its total input from Mexico. The analyst saying the stock's recent drop represents an attractive buying opportunity. Those shares with room to the upside.
