TGT Stock – L Brands Inc. stock outperforms market on strong trading day
Shares of L Brands Inc.
advanced 3.63% to $64.29 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
rising 0.15% to 4,079.95 and the Dow Jones Industrial Average
rising 0.05% to 33,446.26. This was the stock’s second consecutive day of gains. L Brands Inc. hit a new 52-week high, surpassing its previous peak of $64.12, which the company achieved on March 26th.
The stock outperformed some of its competitors Wednesday, as Target Corp.
fell 0.48% to $204.45, (TJX) Cos.
rose 0.21% to $67.78, and Ross Stores Inc.
fell 0.07% to $123.41. Trading volume (4.5 M) eclipsed its 50-day average volume of 4.4 M.