Target Corp. Stock Outperforms Market On Strong Trading Day
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Shares of Target Corp. (TGT) rose 4.31% to $156.42 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.95% to 3,978.73 and the Dow Jones Industrial Average rising 0.60% to 32,120.28. The stock's rise snapped a two-day losing streak. Target Corp. closed $112.56 below its 52-week high ($268.98), which the company reached on November 15th.
The stock outperformed some of its competitors Wednesday, as Walmart Inc. (WMT) fell 0.61% to $123.37, Costco Wholesale Corp. (COST) rose 0.55% to $440.11, and Dollar General Corp. (DG) fell 0.31% to $195.34. Trading volume (8.1 M) eclipsed its 50-day average volume of 5.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 25, 2022.
(END) Dow Jones Newswires
May 25, 2022 17:23 ET (21:23 GMT)
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