Dollar Tree Inc. Stock Falls Friday, Underperforms Market
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Shares of Dollar Tree Inc. (DLTR) slid 1.28% to $136.32 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.03% to 4,620.64 and Dow Jones Industrial Average falling 1.48% to 35,365.44. This was the stock's second consecutive day of losses. Dollar Tree Inc. closed $13.05 below its 52-week high ($149.37), which the company reached on November 24th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Target Corp. (TGT) fell 0.65% to $223.31, Dollar General Corp. (DG) fell 1.40% to $222.50, and Wal-Mart de Mexico S.A.B. de C.V. ADR (WALMEX.MX) rose 1.97% to $37.85. Trading volume (6.2 M) eclipsed its 50-day average volume of 3.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 17, 2021.
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December 17, 2021 16:30 ET (21:30 GMT)
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