Dollar Tree (DLTR) At All Time High After 10% Surge In Single Session

Dollar Tree (NASDAQ: DLTR) climbed 10% to $55.78 for the first time since it went public in March 1995. The biggest retailer of items costing $1 or less Dollar Tree (DLTR) boosted its earnings forecast, saying it expects profit excluding some items of $3.96 a share this year.

The gap-up opening witnessed in Dollar Tree (DLTR) helped it move it into a new breakout zone. Analysts, on an average had estimated its earnings at $3.48.