Read more
6:01 PM · 15 November 2021

Dollar Tree stock soars 13%

-
-
Open account Download free app

Dollar Tree (DLTR.US) stock jumped over 13.0% after activist investor Mantle Ridge secured a stake of at least $1.8 billion in the discount retailer. The New York investment firm is looking to push the discount retailer to take action to boost its share price by improving its Family Dollar chain and pricing strategy, The Wall Street Journal reported, citing sources familiar with the matter.  The news prompted Deutsche Bank to upgrade the stock to “buy” from “hold,” citing potential improvements. Deutsche Bank believes that today's news may help Dollar Tree stock rise more than 30%.

Dollar Tree (DLTR.US) stock launched today's session with a bullish price gap and hit a new all-time high at $132.00 which is strengthened by 127.2% external Fibonacci retracement of the last downward wave. If current sentiment prevails, the next target for buyers is located at $142.60 and is marked with 161.% retracement. However if sellers manage to regain control, then nearest support lies at 120.30. Source: xStation5

12 March 2026, 12:00 PM

Market wrap: European stocks attempt to stabilize despite the surge in oil prices 🔍

12 March 2026, 9:56 AM

Chubb to insure ships crossing the Strait of Hormuz 🗽 What does it mean for the company?

11 March 2026, 4:40 PM

Rheinmetall earnings: Formidable growth, but the market expected more

11 March 2026, 3:43 PM

From Dependence to Control. Meta’s Development of Proprietary AI Chips

Join over 2 000 000 XTB Group Clients from around the world
The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits