Dollar Tree Inc. Stock Falls Monday, Underperforms Market
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Shares of Dollar Tree Inc. (DLTR) slipped 2.33% to $147.80 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.54% to 3,963.94 and Dow Jones Industrial Average falling 1.45% to 33,849.46. Dollar Tree Inc. closed $29.39 below its 52-week high ($177.19), which the company reached on April 21st.
The stock underperformed when compared to some of its competitors Monday, as Amazon.com Inc. (AMZN) rose 0.58% to $93.95, Walmart Inc. (WMT) rose 0.29% to $153.51, and Costco Wholesale Corp. (COST) fell 0.51% to $530.92. Trading volume (3.8 M) eclipsed its 50-day average volume of 2.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 28, 2022.
(END) Dow Jones Newswires
November 28, 2022 16:30 ET (21:30 GMT)
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