Target Corp. Stock Outperforms Market On Strong Trading Day
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Shares of Target Corp. (TGT) rose 1.57% to $133.22 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.45% to 4,282.37 and the Dow Jones Industrial Average rising 2.12% to 33,762.76.
This was the stock's second consecutive day of gains.
Target Corp. closed $50.67 short of its 52-week high ($183.89), which the company achieved on August 16th.
The stock outperformed some of its competitors Friday, as Amazon.com Inc. (AMZN) rose 1.21% to $124.25, Walmart Inc. (WMT) rose 0.96% to $148.82, and Costco Wholesale Corp. (COST) fell 0.00% to $512.59.
Trading volume (7.6 M) eclipsed its 50-day average volume of 4.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 2, 2023.
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June 02, 2023 16:47 ET (20:47 GMT)
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