Dollar Tree Inc. Stock Underperforms Friday When Compared To Competitors
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Shares of Dollar Tree Inc. (DLTR) shed 0.21% to $163.36 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.48% to 3,965.34 and the Dow Jones Industrial Average rising 0.59% to 33,745.69. This was the stock's third consecutive day of losses. Dollar Tree Inc. closed $13.83 below 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 Friday, as Target Corp. (TGT) rose 0.54% to $162.88, Dollar General Corp. (DG) rose 0.69% to $257.70, and Wal-Mart de Mexico S.A.B. de C.V. ADR (WALMEX.MX) fell 0.88% to $36.60. Trading volume (2.0 M) remained 310,871 below its 50-day average volume of 2.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 18, 2022.
(END) Dow Jones Newswires
November 18, 2022 16:30 ET (21:30 GMT)
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