Why Five Below Shares Are Falling

Five Below Inc (NASDAQ:FIVE) shares are trading lower by 4.6% at $225.39 in sympathy with the broader retail sector following weaker-than-expected quarterly results from large names in the space.

Five Below is otherwise trading higher by 2.3% over the past five sessions and 15.7% over the past month.


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Five Below is a value-oriented retailer that operated 1,020 stores in the United States as of the end of fiscal 2020. Catering to teen and preteen consumers, stores feature a wide variety of merchandise, the vast majority of which is priced at or below $6.

Five Below has a 52-week high of $237.86 and a 52-week low of $108.51.

 


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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