Dollar Tree Stock: Could Cutting Losses on Its Decade-Old Gamble Reignite Shares?
DLTRDollar Tree(DLTR) The Motley Fool·2024-09-17 20:45

Sometimes less is more: a statement couldn't feel more true for Dollar Tree right now.Right now, Dollar Tree (DLTR 3.17%) shares are trading so low it feels like going to the 0.99storeandbuyingthemofftheshelfwouldn′tbeoutofthequestion.Inallseriousness,itsstocktradesformuchmorethanadollar,butDollarTreehashadahorrendous2024.Sharesaredown500.99 store and buying them off the shelf wouldn't be out of the question.In all seriousness, its stock trades for much more than a dollar, but Dollar Tree has had a horrendous 2024. Shares are down 50% year-to-date, now trading in the low 70 per share range and 52% below their 52-week high. With the company saying it is currently "na ...