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Shares of Target Corp. (TGT) shed 5.06% to $153.43 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.58% to 3,900.79 and Dow Jones Industrial Average falling 0.75% to 31,253.13. This was the stock's fourth consecutive day of losses. Target Corp. closed $115.55 short of its 52-week high ($268.98), which the company reached on November 15th.
The stock underperformed when compared to some of its competitors Thursday, as Walmart Inc. (WMT) fell 2.74% to $119.07, Costco Wholesale Corp. (COST) fell 1.51% to $422.93, and Dollar General Corp. (DG) fell 0.46% to $201.33. Trading volume (23.3 M) eclipsed its 50-day average volume of 4.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 19, 2022.
(END) Dow Jones Newswires
May 19, 2022 17:23 ET (21:23 GMT)
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