Dollar Tree Inc. Stock Underperforms Thursday When Compared To Competitors Despite Daily Gains
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Shares of Dollar Tree Inc. (DLTR) inched 0.69% higher to $141.27 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.30% to 4,778.73 and Dow Jones Industrial Average falling 0.25% to 36,398.08. This was the stock's eighth consecutive day of gains. Dollar Tree Inc. closed $8.10 below its 52-week high ($149.37), which the company achieved on November 24th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Target Corp. (TGT) rose 1.75% to $231.91, Dollar General Corp. (DG) rose 0.96% to $235.83, and Wal-Mart de Mexico S.A.B. de C.V. ADR (WALMEX.MX) rose 0.13% to $37.12. Trading volume (893,918) remained 3.0 million below its 50-day average volume of 3.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 30, 2021.
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December 30, 2021 16:30 ET (21:30 GMT)
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