Dollar Tree Inc. Stock Falls Thursday, Underperforms Market
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Shares of Dollar Tree Inc. (DLTR) shed 1.56% to $163.70 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.31% to 3,946.56 and Dow Jones Industrial Average falling 0.02% to 33,546.32. This was the stock's second consecutive day of losses. Dollar Tree Inc. closed $13.49 below its 52-week high ($177.19), which the company achieved on April 21st.
The stock underperformed when compared to some of its competitors Thursday, as Target Corp. (TGT) rose 4.21% to $162.01, Dollar General Corp. (DG) fell 0.10% to $255.93, and Wal-Mart de Mexico S.A.B. de C.V. ADR (WALMEX.MX) fell 1.16% to $36.92. Trading volume (2.6 M) eclipsed its 50-day average volume of 2.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 17, 2022.
(END) Dow Jones Newswires
November 17, 2022 16:30 ET (21:30 GMT)
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