TGT Stock – L Brands Inc. stock outperforms competitors on strong trading day
Shares of L Brands Inc.
advanced 2.34% to $66.17 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index
falling 0.54% to 4,223.70 and Dow Jones Industrial Average
falling 0.77% to 34,033.67. The stock’s rise snapped a two-day losing streak. L Brands Inc. closed $5.82 below its 52-week high ($71.99), which the company achieved on May 18th.
The stock outperformed some of its competitors Wednesday, as Target Corp.
fell 0.56% to $231.26, (TJX) Cos.
fell 0.31% to $65.20, and Ross Stores Inc.
rose 0.21% to $118.98. Trading volume (4.3 M) eclipsed its 50-day average volume of 3.9 M.