Dollar Tree Inc. Stock Falls Thursday, Underperforms Market
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Shares of Dollar Tree Inc. (DLTR) shed 1.19% to $159.10 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.84% to 4,176.82 and the Dow Jones Industrial Average rising 1.33% to 33,248.28. Dollar Tree Inc. closed $18.09 short of 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 Thursday, as Target Corp. (TGT) rose 2.80% to $160.91, Dollar General Corp. (DG) rose 2.70% to $224.72, and Wal-Mart de Mexico S.A.B. de C.V. ADR (WALMEX.MX) fell 2.33% to $36.47. Trading volume (2.0 M) remained 654,785 below its 50-day average volume of 2.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 2, 2022.
(END) Dow Jones Newswires
June 02, 2022 16:30 ET (20:30 GMT)
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