US cosmetics manufacturers and retailers are starting to feel the stock price pinch from the fall of the US equity market.
Ulta Salon Cosmetics and Sally Beauty Holdings both posted substantial stock price reductions in the wake of all three benchmark indexes of the US equity market falling.
At the end of October 8, Ulta suffered a -2.83% reduction in stock price, whilst Sally Beauty Holdings was at -1.91%.
Whilst Ulta outperformed the overall market over a three month period, gaining 19.80% in value, Sally Beauty Holdings lost money in its last three trading sessions.
In the overall market, the Dow Jones Industrial Average, the S&P 500 and the NASDAQ Composite fell by 1.07%, 1.23% and 2.00% respectively.