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Why Dollar General Stock Was Sliding Today


Shares of Dollar General (NYSE: DG) were moving lower today, even though there was no company-specific news out on the discount retailer. Instead, the move seemed to come in response to disappointing results from Target (NYSE: TGT) this morning, which seemed to confirm that Walmart (NYSE: WMT), which reported earnings yesterday, is continuing to gobble up market share from competitors like Target and Dollar General.

As of 1:19 p.m. ET, Dollar General stock was down 4.5%.

Image source: Getty Images.

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Source Fool.com

Target Corp. Stock

€79.98
-1.260%
We can see a decrease in the price for Target Corp.. Compared to yesterday it has lost -€1.020 (-1.260%).
Currently there is a rather positive sentiment for Target Corp. with 25 Buy predictions and 5 Sell predictions.
With a target price of 98 € there is a positive potential of 22.53% for Target Corp. compared to the current price of 79.98 €.
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