DJ Dollar Tree Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Dollar Tree Inc. $(DLTR)$ slipped 2.61% to $63.18 Wednesday, 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 5,917.11 and the Dow Jones Industrial Average rising 0.32% to 43,408.47.
This was the stock's second consecutive day of losses.
Dollar Tree Inc. closed $88.04 below its 52-week high ($151.22), which the company achieved on March 5th.
The stock underperformed when compared to some of its competitors Wednesday, as Amazon.com Inc. $(AMZN)$ fell 0.85% to $202.88, Walmart Inc. $(WMT)$ rose 0.67% to $87.18, and Costco Wholesale Corp. $(COST)$ fell 0.22% to $928.08.
Trading volume (5.8 M) eclipsed its 50-day average volume of 4.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 20, 2024.
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(END) Dow Jones Newswires
November 20, 2024 16:30 ET (21:30 GMT)
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