Dollar Tree Inc. Stock Underperforms Tuesday When Compared To Competitors Despite Daily Gains
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Shares of Dollar Tree Inc. (DLTR) inched 0.66% higher to $161.09 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.56% to 3,828.11 and the Dow Jones Industrial Average rising 1.02% to 33,160.83. This was the stock's fourth consecutive day of gains. Dollar Tree Inc. closed $16.10 short of its 52-week high ($177.19), which the company achieved on April 21st.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Target Corp. (TGT) rose 1.09% to $161.62, Dollar General Corp. (DG) fell 0.13% to $251.00, and Wal-Mart de Mexico S.A.B. de C.V. ADR (WALMEX.MX) fell 1.23% to $38.54. Trading volume (1.2 M) remained 1.2 million below its 50-day average volume of 2.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 8, 2022.
(END) Dow Jones Newswires
November 08, 2022 16:30 ET (21:30 GMT)
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