Target Corp. Stock Underperforms Monday When Compared To Competitors
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Shares of Target Corp. (TGT) slid 0.94% to $153.90 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.86% to 3,973.75 and the Dow Jones Industrial Average rising 1.98% to 31,880.24. Target Corp. closed $115.08 below its 52-week high ($268.98), which the company achieved on November 15th.
The stock underperformed when compared to some of its competitors Monday, as Walmart Inc. (WMT) rose 2.85% to $122.60, Costco Wholesale Corp. (COST) rose 3.13% to $429.48, and Dollar General Corp. (DG) rose 3.64% to $194.42. Trading volume (7.7 M) eclipsed its 50-day average volume of 5.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 23, 2022.
(END) Dow Jones Newswires
May 23, 2022 17:23 ET (21:23 GMT)
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