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Shares of Target Corp. (TGT) inched 0.18% higher to $131.16 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.99% to 4,221.02 and the Dow Jones Industrial Average rising 0.47% to 33,061.57.
The stock's rise snapped a nine-day losing streak.
Target Corp. closed $52.73 below its 52-week high ($183.89), which the company reached on August 16th.
The stock underperformed when compared to some of its competitors Thursday, as Amazon.com Inc. (AMZN) rose 1.82% to $122.77, Walmart Inc. (WMT) rose 0.37% to $147.41, and Costco Wholesale Corp. (COST) rose 0.20% to $512.60.
Trading volume (13.6 M) eclipsed its 50-day average volume of 3.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 1, 2023.
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June 01, 2023 17:28 ET (21:28 GMT)
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