BURL Stock Falls 27% From 52-Week High: Time to Load Up or Stay Away?
Burlington Stores, Inc.’s (BURL) shares are currently trading 26.6% below its 52-week high of $298.89 reached on Nov. 25, 2024, making investors contemplate their next moves. Over the past year, BURL stock has gained 12.6%, outperforming the Zacks Retail-Discount Stores industry’s 7.7% growth. The company’s initiatives, including enhancing merchandising capabilities and optimizing store operations, have supported it to outperform the broader Retail-Wholesale sector’s growth of 3.3%. The S&P 500 index decli ...