Shares of Dollar Tree Inc. DLTR, +0.79% slipped 1.46% to $150.14 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, -0.03% rising 0.59% to 4,027.26 and the Dow Jones Industrial Average DJIA, +0.45% rising 0.28% to 34,194.06. This was the stock’s second consecutive day of losses. Dollar Tree Inc. closed $27.05 below its 52-week high ($177.19), which the company achieved on April 21st.
The stock underperformed when compared to some of its competitors Wednesday, as Target Corp. TGT, -0.02% rose 3.52% to $163.41, Dollar General Corp. DG, +0.35% fell 0.44% to $256.33, and Wal-Mart de Mexico S.A.B. de C.V. ADR WMMVY, -1.24% rose 1.44% to $38.77. Trading volume (2.7 M) eclipsed its 50-day average volume of 2.4 M.