Ulta Beauty sinks into the pre-commercial market while Tesla and lots up by Investing.com

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Investing.com – Equities at the center of pre-market negotiations on Friday:

• Ulta Beauty (NASDAQ 🙂 lost 25% of its pre-market trading at 8:20 (ET) (12:20 GMT) after reducing its earnings guidance due to slower growth in demand for cosmetics. It is now expected that comparable sales will only increase by 4% this year, after having previously forecast a range of 6% to 7%.

• Campbell Soup (NYSE 🙂 The stock rose 2.3% after its quarterly results exceeded expectations, as its organic business rose 2%.

• Tesla shares (NASDAQ 🙂 rose 4% after the announcement of the Chinese Ministry of Industry and Information Technology. The electric car maker has also raised prices for some of its models in China due to the depreciation of the yuan.

• Walt Disney (The NYSE 🙂 edged up 0.4% after selling its 80% stake in the YES network to a group of investors including the New York Yankees, Amazon.com (NASDAQ 🙂 and Sinclair Broadcast Group .

• The Big Lots action (NYSE 🙂 rose 7.2% after the discount retailer outpaced the forecast and said he was able to overcome the barriers related to customs duties.

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