Shares of Target Corp. TGT, -2.98% slid 2.98% to $158.02 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX, -0.39% falling 0.39% to 3,949.94 and Dow Jones Industrial Average DJIA, -0.13% falling 0.13% to 33,700.28. The stock’s fall snapped a two-day winning streak. Target Corp. closed $96.85 below its 52-week high ($254.87), which the company reached on April 21st.
The stock underperformed when compared to some of its competitors Monday, as Walmart Inc. WMT, +0.61% rose 0.61% to $151.15, Costco Wholesale Corp. COST, -0.06% fell 0.06% to $523.37, and Dollar General Corp. DG, +0.00% rose 0.00% to $257.71. Trading volume (6.0 M) eclipsed its 50-day average volume of 4.5 M.