TGT Stock – Target Corp. stock outperforms market despite losses on the day
Shares of Target Corp.
dropped 0.58% to $205.57 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index
falling 0.92% to 4,134.98 and Dow Jones Industrial Average
falling 0.94% to 33,815.90. This was the stock’s third consecutive day of losses. Target Corp. closed $5.29 short of its 52-week high ($210.86), which the company reached on April 19th.
Despite its losses, the stock outperformed some of its competitors Thursday, as Walmart Inc.
fell 1.08% to $139.67, Costco Wholesale Corp.
fell 0.76% to $371.26, and Dollar General Corp.
fell 0.77% to $215.16.true Trading volume (2.5 M) remained 1.3 million below its 50-day average volume of 3.8 M.