Dollar Tree Stock Rises as CEO Steps Down

Key Takeaways Dollar Tree shares rose Tuesday morning as markets reacted to the news that the discount retailer is changing its CEO. The company said after the bell Monday that outgoing CEO Rick Dreiling is stepping down immediately to deal with health issues. Dollar Tree also reiterated its guidance for the third quarter, and said its strategic review of a potential sale or spin-off of Family Dollar is progressing. Dollar Tree (DLTR) shares jumped Tuesday morning on news that the discount retailer is begin ...