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Why Dick's Sporting Goods Stock Gained 20% Last Month

TheMotleyFool

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Why Dick's Sporting Goods Stock Gained 20% Last Month

Shares of Dick's Sporting Goods (NYSE: DKS) were scoring again last month as momentum from its second-quarter earnings report in August combined with a market rotation into value stocks to drive the stock higher.

According to data from S&P Global Market Intelligence, the stock finished September up 20%. As you can see from the chart below, it gained over much of the month.