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Shares of Dollar Tree Inc. (DLTR) rocketed 21.87% to $162.80 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.99% to 4,057.84 and the Dow Jones Industrial Average rising 1.61% to 32,637.19. This was the stock's fourth consecutive day of gains. Dollar Tree Inc. closed $14.39 short of its 52-week high ($177.19), which the company achieved on April 21st.
The stock outperformed some of its competitors Thursday, as Target Corp. (TGT) rose 4.33% to $163.20, Dollar General Corp. (DG) rose 13.71% to $222.13, and Wal-Mart de Mexico S.A.B. de C.V. ADR (WALMEX.MX) rose 1.47% to $36.54. Trading volume (8.8 M) eclipsed its 50-day average volume of 2.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 26, 2022.
(END) Dow Jones Newswires
May 26, 2022 16:31 ET (20:31 GMT)
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