Dollar Tree Inc. Stock Rises Wednesday, Still Underperforms Market
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Shares of Dollar Tree Inc. (DLTR) rallied 2.59% to $150.29 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 3.09% to 4,080.11 and the Dow Jones Industrial Average rising 2.18% to 34,589.77. The stock's rise snapped a two-day losing streak. Dollar Tree Inc. closed $26.90 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 Amazon.com Inc. (AMZN) rose 4.46% to $96.54, Walmart Inc. (WMT) fell 0.36% to $152.42, and Costco Wholesale Corp. (COST) rose 1.95% to $539.25. Trading volume (4.2 M) eclipsed its 50-day average volume of 2.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 30, 2022.
(END) Dow Jones Newswires
November 30, 2022 16:30 ET (21:30 GMT)
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