Dollar Tree Recovers From Mysterious Heavy Volume Decline

by Joel Elconin, Benzinga Staff Writer

December 27, 2016 11:41 AM | 1 min read | Make a Comment

Dollar Tree, Inc.DLTR

shares are unchanged at $78.70 in Tuesday's session. At 10:03 a.m. EST, the issue had an unexpected $5 drop from its closing price at 10:02 a.m. EST ($79.62) to its low for the day at $74.92 one minute later. At this time, there is no relevant news to account for the decline on significant volume. Also, there was no relevant news in the issue's sector that may have precipitated the decline.

By the end of the 10:03 a.m. time period, the issue quickly rebounded to end the bar at $77.12. It went on to challenge the high for the day at $79.74, only reaching $79.63. At this time, the issue is struggling to stay green for the session.

Market News and Data brought to you by Benzinga APIs

Posted In: News Technicals Intraday Update Movers Trading Ideas

Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!