Retail Stocks Waver After Target Predicts Flat Comp Sales
Besides dropping more than four percent, Target was among the most actively traded issues in the pre-market, with more than 200,00 shares changing hands.
Year to date, the sector is down 4.7 percent as measured by the exchange-traded fund SPDR S&P Retail (NYSE: XRT), but many big names in the sector are down by double digits.
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