Why Dollar General's Stock Surged 16% in April
Shares of Dollar General (NYSE: DG) jumped 16.1% in April, according to data from S&P Global Market Intelligence. This isn't a surprising outcome considering the depressed economic condition resulting from the coronavirus pandemic.
With businesses ordered closed, employees furloughed, and stay-at-home orders issued, consumers will spend their limited dollars in ways that stretch them the furthest.
Image source: Dollar General.
Source Fool.com
