2 Retail Stocks Trading Places Today
TJXTJX(TJX) Schaeffers Research·2024-02-29 00:21

The retail sector is weighing two vastly different corporate reports today. Urban Outfitters, Inc. (NASDAQ:URBN) is sharply lower, while TJX Companies Inc (NYSE:TJX) is inching higher, as both stocks pass each other on the road to record highs. URBN was last seen 12.9% lower to trade at $41.11, on track for its worst single-session drop since March 2020. The specialty retailer's fourth-quarter earnings and revenue both whiffed on estimates, yet four brokerages hiked their price targets, the highest coming f ...