What's Behind The 55% Drop In Dollar Tree Stock?
DLTRDollar Tree(DLTR) Forbes·2024-09-10 22:15

BLOOMSBURG, PENNSYLVANIA, UNITED STATES - 2024/05/19: An exterior view of a Dollar Tree store at the ... [+] Buckhorn Plaza shopping center. (Photo by Paul Weaver/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesNote: DLTR fiscal year 2024 ended February 3, 2024Dollar Tree’s stock (NASDAQ: DLTR) has declined from around 142atthebeginningto142 at the beginning to 69 now - about a 55% fall over a period when the benchmark S&P index grew 16%. In comparison, DLTR’s peer Target stock (NYSE: TGT) i ...