Dollar Tree – Dollar Tree Inc. stock rises Friday, outperforms market
Shares of Dollar Tree Inc.
inched 0.04% higher to $89.31 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index
falling 0.91% to 4,432.99 and Dow Jones Industrial Average
falling 0.48% to 34,584.88. This was the stock’s third consecutive day of gains. Dollar Tree Inc. closed $31.06 short of its 52-week high ($120.37), which the company reached on April 6th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Target Corp.
fell 0.11% to $246.67, Dollar General Corp.
rose 0.25% to $222.11, and Wal-Mart de Mexico S.A.B. de C.V. ADR
rose 1.26% to $36.18. Trading volume (3.7 M) eclipsed its 50-day average volume of 2.8 M.