Shares of Ulta Beauty, Inc. (ULTA) are falling about 5 percent in Wednesday morning trading after the company announced a partnership with Klarna, a digital bank and flexible payments provider, to bring flexible payments to millions of U.S. customers shopping on Ulta.com or through the Ulta Beauty app.
The company's stock is currently trading at $466.11, down 5.84 percent or $28.90, over the previous close of $494.87 on the Nasdaq. It has traded between $452.00 and $714.97 in the past one year.
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