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Shares of Ulta Salon (ULTA) dive 9.2% premarket after the retailer loses its CEO. Also in the...

Shares of Ulta Salon (ULTA) dive 9.2% premarket after the retailer loses its CEO. Also in the hopper: Credit Suisse cuts its rating from Neutral to Outperform and inquiring minds want to know why an exec leaves a hot growth retailer for smaller Michaels Stores?
Comments (2)
  • Ashraf Eassa
    , contributor
    Comments (9231) | Send Message
     
    Akram's Razor strikes again?
    14 Feb 2013, 09:18 AM Reply Like
  • Billyspeed
    , contributor
    Comments (176) | Send Message
     
    The tip-off was the CFO leaving a few months ago. That was enough for me to go short. This is not a surprise. CFO's leaving is NEVER a good sign.
    14 Feb 2013, 11:26 AM Reply Like
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