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Shares of Dollar Tree Inc. (DLTR) rallied 1.35% to $165.00 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 2.47% to 4,158.24 and the Dow Jones Industrial Average rising 1.76% to 33,212.96. This was the stock's fifth consecutive day of gains. Dollar Tree Inc. closed $12.19 short of its 52-week high ($177.19), which the company reached on April 21st.
The stock underperformed when compared to some of its competitors Friday, as Target Corp. (TGT) rose 2.41% to $167.14, Dollar General Corp. (DG) rose 2.81% to $228.38, and Wal-Mart de Mexico S.A.B. de C.V. ADR (WALMEX.MX) rose 2.16% to $37.33. Trading volume (4.3 M) eclipsed its 50-day average volume of 2.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 27, 2022.
(END) Dow Jones Newswires
May 27, 2022 16:31 ET (20:31 GMT)
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