Dollar Tree Inc. Stock Outperforms Competitors On Strong Trading Day

Cornerstone Strategic Value Fund

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Company profile

Cornerstone Strategic Value Fund, Inc. (the Fund) is a closed-end, diversified management investment company. The Fund's investment objective is to seek long-term capital appreciation through investment primarily in equity securities of United States and non-United States companies. The Fund invests in various sectors, such as information technology, health care, consumer discretionary, financials, communication services, closed-end funds, industrials, consumer staples, exchange-traded funds (ETFs), materials, real estate, and others. The Fund invests in companies of all capitalization ranges. The Fund invests in common stocks and also invests in preferred stocks, rights, warrants and securities convertible into common stocks that are listed on stock exchanges or traded over the counter. The Fund also invests without limitation in other closed-end investment companies and ETFs. The Fund's investment manager is Cornerstone Advisors, LLC.

Dollar Tree Inc. Stock Outperforms Competitors On Strong Trading Day

4:31 pm ET June 21, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Dollar Tree Inc. DLTR rallied 4.19% to $156.38 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 2.45% to 3,764.79 and the Dow Jones Industrial Average DJIA rising 2.15% to 30,530.25. The stock's rise snapped a three-day losing streak. Dollar Tree Inc. closed $20.81 short of its 52-week high ($177.19), which the company achieved on April 21st.

The stock outperformed some of its competitors Tuesday, as Target Corp. TGT rose 3.88% to $144.70, Dollar General Corp. DG rose 3.54% to $238.97, and Wal-Mart de Mexico S.A.B. de C.V. ADR WMMVY rose 0.27% to $33.92. Trading volume (2.6 M) remained 68,472 below its 50-day average volume of 2.6 M.

Data source: Dow Jones Market Data, FactSet. Data compiled June 21, 2022.

(END) Dow Jones Newswires

June 21, 2022 16:31 ET (20:31 GMT)