Dollar Tree Inc. Stock Sheds 5.4%, Underperforms Peers

Dow Jones

15 hours ago

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Dollar Tree Inc. slid 5.4% to $112.79 on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.4% to 7,585.73 and Dow Jones Industrial Average falling 0.6% to 52,093.11.

Dollar Tree Inc. closed 20.8% below its 52-week high of $142.40, which the company achieved on January 15th.

The stock underperformed when compared to some of its peers, as Amazon.com Inc. fell 2.0% to $248.42, Walmart Inc. fell 0.9% to $108.09, and Costco Wholesale Corp. fell 1.91% to $901.35.

Trading volume totaled 4.2 million, compared to the 50-day average of 2.5 million.

Data source: Dow Jones Market Data, FactSet

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