Why Five Below Stock Tumbled by More Than 3% Today
Five Below(FIVE) The Motley Fool·2024-10-22 06:12
Changes in the political landscape could negatively affect the company, believes a group of pundits.Youth-focused retailer Five Below (FIVE -3.44%) wasn't looking young and spry on Monday, at least not on the stock exchange. Although there was no direct news affecting the company, a new analysis concerning the impact of the upcoming presidential election on selected stocks dinged its share price. Five Below's market value fell by over 3% as a result, a sharper fall than the S&P 500 index's 0.2% decline.Pote ...