Dollar Tree Inc. Stock Outperforms Market Despite Losses On The Day
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Shares of Dollar Tree Inc. (DLTR) dropped 0.42% to $161.26 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.08% to 4,115.77 and Dow Jones Industrial Average falling 0.81% to 32,910.90. The stock's fall snapped a three-day winning streak. Dollar Tree Inc. closed $15.93 below its 52-week high ($177.19), which the company reached on April 21st.
The stock underperformed when compared to some of its competitors Wednesday, as Target Corp. (TGT) rose 0.46% to $156.70, Dollar General Corp. (DG) fell 0.25% to $233.73, and Wal-Mart de Mexico S.A.B. de C.V. ADR (WALMEX.MX) rose 1.36% to $35.46. Trading volume (924,022) remained 1.7 million below its 50-day average volume of 2.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 8, 2022.
(END) Dow Jones Newswires
June 08, 2022 16:30 ET (20:30 GMT)
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