Dollar Tree Inc. Stock Falls Tuesday, Underperforms Market
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Shares of Dollar Tree Inc. (DLTR) slipped 2.83% to $160.33 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.63% to 4,132.15 and Dow Jones Industrial Average falling 0.67% to 32,990.12. The stock's fall snapped a five-day winning streak. Dollar Tree Inc. closed $16.86 below its 52-week high ($177.19), which the company achieved on April 21st.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Target Corp. (TGT) fell 3.15% to $161.88, Dollar General Corp. (DG) fell 3.52% to $220.34, and Wal-Mart de Mexico S.A.B. de C.V. ADR (WALMEX.MX) fell 0.86% to $37.01. Trading volume (4.2 M) eclipsed its 50-day average volume of 2.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 31, 2022.
(END) Dow Jones Newswires
May 31, 2022 16:30 ET (20:30 GMT)
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