Michaels, Ulta Beauty Help LeadSpecialty Retailers

By | January 27, 2015

Scalper1 News

Ranked No. 19 out of 197 groups in Tuesday’s IBD, specialty retail is one of a number of retail industry groups doing well. Michaels (MIK), Ulta Beauty (ULTA) and Italy’s Luxottica Group (LUX) are performing especially well amid a volatile market. Shares of arts and crafts retailer Michaels hit a third straight new high Tuesday, soaring after support near the 10-week moving average. The stock surged nearly 12% last week amid news of an updated Scalper1 News

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