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Why Five Below Stock Jumped 17% in September
FIVEFive Below(FIVE) The Motley Fool·2024-10-03 02:52

Investors were picking up discounted shares of a business that still has promise. Shares of retail chain Five Below (FIVE -1.57%) jumped 17.1% during September, according to data provided by S&P Global Market Intelligence. But context is important here: The stock was down more than 30% from the start of July through the end of August. It had also lost about 60% of its value in 2024 prior to September. So it only slightly bounced back from an otherwise dismal performance lately. Five Below has plummeted for ...