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Shares of Dollar Tree Inc. (DLTR) slumped 0.95% to $154.54 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.46% to 3,789.99 and the Dow Jones Industrial Average rising 1.00% to 30,668.53. Dollar Tree Inc. closed $22.65 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 3.32% to $147.44, Dollar General Corp. (DG) rose 0.97% to $232.25, and Wal-Mart de Mexico S.A.B. de C.V. ADR (WALMEX.MX) rose 5.00% to $33.93. Trading volume (1.6 M) remained 960,983 below its 50-day average volume of 2.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 15, 2022.
(END) Dow Jones Newswires
June 15, 2022 16:30 ET (20:30 GMT)
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