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Shares of Target Corp. (TGT) rallied 4.98% to $155.87 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.97% to 3,719.04 and the Dow Jones Industrial Average rising 1.88% to 29,683.74. The stock's rise snapped a six-day losing streak. Target Corp. closed $113.11 below its 52-week high ($268.98), which the company reached on November 15th.
The stock outperformed some of its competitors Wednesday, as Walmart Inc. (WMT) rose 1.65% to $133.11, Costco Wholesale Corp. (COST) rose 2.09% to $488.29, and Dollar General Corp. (DG) rose 2.19% to $241.01. Trading volume (4.3 M) eclipsed its 50-day average volume of 3.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 28, 2022.
(END) Dow Jones Newswires
September 28, 2022 17:24 ET (21:24 GMT)
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