Dow Jones – Target Corp. stock falls Wednesday, underperforms market
Shares of Target Corp.
dropped 0.48% to $204.45 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index
rising 0.15% to 4,079.95 and the Dow Jones Industrial Average
rising 0.05% to 33,446.26. The stock’s fall snapped a three-day winning streak. Target Corp. closed $2.93 short of its 52-week high ($207.38), which the company reached on April 6th.
The stock underperformed when compared to some of its competitors Wednesday, as Walmart Inc.
fell 0.21% to $139.80, Costco Wholesale Corp.
fell 0.36% to $358.81, and Dollar General Corp.
rose 0.05% to $205.73. Trading volume (2.1 M) remained 1.8 million below its 50-day average volume of 3.9 M.