Target Corp. stock underperforms Tuesday when compared to competitors

Target Corp. stock underperforms Tuesday when compared to competitors

Shares of Target Corp. TGT, -0.36% sank 0.36% to $166.51 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, +1.20% rising 1.20% to 5,070.55 and the Dow Jones Industrial Average DJIA, +0.69% rising 0.69% to 38,503.69.

This was the stock’s second consecutive day of losses.

Target Corp. closed $15.35 below its 52-week high ($181.86), which the company achieved on April 1st.

The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Amazon.com Inc. AMZN, +1.30% rose 1.30% to $179.54, Walmart Inc. WMT, -1.75% fell 1.75% to $59.09, and Costco Wholesale Corp. COST, +1.01% rose 1.01% to $722.68.

Trading volume (1.8 M) remained 2.1 million below its 50-day average volume of 3.9 M.

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