DJ Dollar Tree Inc. Stock Underperforms Thursday When Compared To Competitors Despite Daily Gains
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Shares of Dollar Tree Inc. $(DLTR)$ advanced 1.18% to $130.25 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.74% to 5,199.06 and the Dow Jones Industrial Average falling 0.01% to 38,459.08.
This was the stock's second consecutive day of gains.
Dollar Tree Inc. closed $30.85 below its 52-week high ($161.10), which the company achieved on May 19th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Amazon.com Inc. $(AMZN)$ rose 1.67% to $189.05, Walmart Inc. $(WMT)$ fell 0.87% to $60.09, and Costco Wholesale Corp. $(COST)$ rose 1.35% to $732.35.
Trading volume (2.0 M) remained 1.1 million below its 50-day average volume of 3.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 11, 2024.
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(END) Dow Jones Newswires
April 11, 2024 16:30 ET (20:30 GMT)
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