Dollar Tree Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Dollar Tree Inc. (DLTR) shed 1.50% to $166.30 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.83% to 3,958.79 and Dow Jones Industrial Average falling 0.12% to 33,553.83. Dollar Tree Inc. closed $10.89 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 Wednesday, as Target Corp. (TGT) fell 13.14% to $155.47, Dollar General Corp. (DG) fell 0.42% to $256.19, and Wal-Mart de Mexico S.A.B. de C.V. ADR (WALMEX.MX) rose 1.88% to $37.71. 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 16, 2022.
(END) Dow Jones Newswires
November 16, 2022 16:30 ET (21:30 GMT)
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