Dollar Tree Inc. Stock Rises Thursday, Still Underperforms Market
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Shares of Dollar Tree Inc. (DLTR) rose 5.32% to $163.12 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 5.54% to 3,956.37 and the Dow Jones Industrial Average rising 3.70% to 33,715.37. Dollar Tree Inc. closed $14.07 below its 52-week high ($177.19), which the company reached on April 21st.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Target Corp. (TGT) rose 7.44% to $164.38, Dollar General Corp. (DG) rose 4.78% to $253.94, and Wal-Mart de Mexico S.A.B. de C.V. ADR (WALMEX.MX) fell 0.01% to $37.70. Trading volume (3.0 M) eclipsed its 50-day average volume of 2.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 10, 2022.
(END) Dow Jones Newswires
November 10, 2022 16:30 ET (21:30 GMT)
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