Dollar Tree Inc. Stock Rises Wednesday, Outperforms Market
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Shares of Dollar Tree Inc. DLTR rose 1.74% to $156.25 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA rising 0.27% to 31,029.31 and the S&P 500 Index SPX falling 0.07% to 3,818.83. The stock's rise snapped a two-day losing streak. Dollar Tree Inc. closed $20.95 below its 52-week high ($177.19), which the company reached on April 21st.
The stock outperformed some of its competitors Wednesday, as Target Corp. TGT fell 1.81% to $141.90, Dollar General Corp. DG rose 1.42% to $247.05, and Wal-Mart de Mexico S.A.B. de C.V. ADR WMMVY remained unchanged. Trading volume (1.6 M) remained 996,116 below its 50-day average volume of 2.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 29, 2022.
(END) Dow Jones Newswires
June 29, 2022 16:31 ET (20:31 GMT)
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