Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

News Spotlights Stocks

Dollar Tree outperforms Amazon, Walmart, and Costco amid market downturn

post-img

In the midst of a market downturn, Dollar Tree (NASDAQ:DLTR) managed to break its loss streak on Tuesday, outperforming other retail giants including Amazon (NASDAQ:NASDAQ:AMZN), Walmart (NYSE:NYSE:WMT), and Costco (NASDAQ:NASDAQ:COST). Despite the broader market’s decline, Dollar Tree saw a 1.87% increase in its stock price, closing at $106.35.

On the contrary, Amazon experienced a significant decline of 4.03%, with its stock price closing at $125.98. Walmart and Costco also recorded losses, with their stocks falling by 0.35% and 1.01%, respectively. Walmart’s stock ended Tuesday at $162.50 while Costco’s closed at $552.96.

Despite Dollar Tree’s positive performance on Tuesday, it’s worth noting that the company’s stock price is still below its 52-week high. This suggests that while the firm has shown resilience amid recent market volatility, it has yet to fully recover from previous losses.

The fluctuation in these retail giants’ stock prices reflect the ongoing uncertainties in the market. As investors navigate through these turbulent times, the performance of these companies will continue to be closely watched.

Related Post