Target Corp. stock rises Tuesday, still underperforms market

Target Corp. stock rises Tuesday, still underperforms market

Shares of Target Corp. TGT, +0.28% inched 0.28% higher to $158.37 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX, +1.65% rising 1.65% to 3,919.29 and the Dow Jones Industrial Average DJIA, +1.06% rising 1.06% to 32,155.40. The stock’s rise snapped a three-day losing streak. Target Corp. closed $96.50 below its 52-week high ($254.87), which the company reached on April 21st.

The stock underperformed when compared to some of its competitors Tuesday, as Amazon.com Inc. AMZN, +2.65% rose 2.65% to $94.88, Walmart Inc. WMT, +0.53% rose 0.53% to $138.10, and Costco Wholesale Corp. COST, +2.10% rose 2.10% to $481.92. Trading volume (2.6 M) remained 594,488 below its 50-day average volume of 3.2 M.

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