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Shares of Target Corp. (TGT) slid 3.66% to $133.84 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index remaining mostly unchanged at 4,205.52 and the Dow Jones Industrial Average falling 0.15% to 33,042.78.
This was the stock's eighth consecutive day of losses.
Target Corp. closed $50.05 short of its 52-week high ($183.89), which the company reached on August 16th.
The stock underperformed when compared to some of its competitors Tuesday, as Amazon.com Inc. (AMZN) rose 1.29% to $121.66, Walmart Inc. (WMT) fell 0.25% to $146.06, and Costco Wholesale Corp. (COST) rose 0.15% to $508.03.
Trading volume (10.9 M) eclipsed its 50-day average volume of 3.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 30, 2023.
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May 30, 2023 17:27 ET (21:27 GMT)
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