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DLTR Stock Declines 50% From 52-Week High: How Should You Play It?
DLTRDollar Tree(DLTR) ZACKS·2024-09-19 16:25

Dollar Tree, Inc. (DLTR) has experienced a pullback in its share performance, losing half of its value and falling far below its 52-week high of $151.22 touched on Sept. 4. The company's current price of $75.67 reflects a 49.9% discount from its peak. Over the past three months, Dollar Tree shares have plunged 29.7% against the broader industry's growth of 2.4% and the S&P 500's 2.7% rise in the same period. The recent decline in share performance is attributed to the challenges stemming from the company's ...