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Shares of Dollar Tree Inc. (DLTR) shed 7.79% to $152.37 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.36% to 4,003.58 and the Dow Jones Industrial Average rising 1.18% to 34,098.10. Dollar Tree Inc. closed $24.82 below its 52-week high ($177.19), which the company achieved on April 21st.
The stock underperformed when compared to some of its competitors Tuesday, as Target Corp. (TGT) fell 0.10% to $157.86, Dollar General Corp. (DG) fell 0.10% to $257.46, and Wal-Mart de Mexico S.A.B. de C.V. ADR (WALMEX.MX) rose 5.38% to $38.22. Trading volume (7.4 M) eclipsed its 50-day average volume of 2.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 22, 2022.
(END) Dow Jones Newswires
November 22, 2022 16:30 ET (21:30 GMT)
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