Why Did Target Stock Jump 10%?
Target(TGT) Forbes·2024-08-23 17:00
LOS ANGELES, CALIFORNIA - AUGUST 20: The Target logo is displayed at a Target store on August 20, ... [+] 2024 in Los Angeles, California. Target is set to release its second quarter earnings report before tomorrow's opening bell. (Photo by Mario Tama/Getty Images)Getty ImagesTarget (NYSE: TGT) stock rose 10.3% on 21st August, as compared to a 0.4% increase in the S&P 500 index. While Target’s single-day performance stood out, overall sentiment toward retailer stocks was buoyant as indicated by a sharp incr ...