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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

€128.00
-0.620%
The price for the Target Corp. stock decreased slightly today. Compared to yesterday there is a change of -€0.800 (-0.620%).
Currently there is a rather positive sentiment for Target Corp. with 33 Buy predictions and 12 Sell predictions.
On the other hand, the target price of 119 € is below the current price of 128.0 € for Target Corp., so the potential is actually -7.03%.
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