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Warren Buffett Just Trimmed His Stake in Ulta Beauty Stock. Time to Sell?

By Yahoo! Finance   |   Nov 17, 2024 at 06:37 PM EST
Warren Buffett Just Trimmed His Stake in Ulta Beauty Stock. Time to Sell?

Berkshire Hathaway sold over 95% of its Ulta Beauty stock after buying $266 million worth just a quarter earlier. Ulta is facing challenges with slowing sales growth and increased competition, leading to a decline in profits.

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