Dollar Tree Slips 34% in 3 Months: Solid Bargain or Risky Bet?
Dollar Tree(DLTR) ZACKS·2024-10-03 00:46
Dollar Tree, Inc. (DLTR) stock has plummet 33.5% in the past three months against 0.6% and 2.6% growth of the industry and the S&P 500, respectively. This decline can be traced to tough broader market dynamics and specific challenges faced by the company. Investors are currently divided on whether the stock is set for a further decline or is on the verge of a recovery. Image Source: Zacks Investment Research At the current price of $70.44, the stock is hovering near its 52-week low of $60.82. Let us take a ...