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Shares of Target Corp. (TGT) slid 2.87% to $160.03 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.13% to 3,855.93 and Dow Jones Industrial Average falling 1.01% to 30,706.23. Target Corp. closed $108.95 short of its 52-week high ($268.98), which the company achieved on November 15th.
The stock underperformed when compared to some of its competitors Tuesday, as Walmart Inc. (WMT) fell 0.58% to $133.55, Costco Wholesale Corp. (COST) fell 1.39% to $499.52, and Dollar General Corp. (DG) rose 0.06% to $245.76. Trading volume (3.0 M) remained 866,833 below its 50-day average volume of 3.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 20, 2022.
(END) Dow Jones Newswires
September 20, 2022 17:25 ET (21:25 GMT)
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