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Why Dollar Tree Stock Surged More Than 8% Higher Today
DLTRDollar Tree(DLTR) The Motley Fool·2025-04-17 22:29

In the eyes of investors, one of the most encouraging actions a company's management team can take is to confidently load up on its own shares.That's what happened late Wednesday with budget retailer Dollar Tree (DLTR 8.10%), and the market showed its gratitude by bidding the company's share price up more than 8%. This was a far more impressive performance than the S&P 500's (^GSPC 0.13%) 0.1% tilt into the black.The CEO made a big moveThe manager making the buys was no less than CEO Stewart Glendinning, wh ...