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STOCKS SLIDE AFTER META'S REALITY CHECK, WITH GDP ON DECK

Owner of Facebook and Instagram plans to spend up to US$10B on AI infrastructure investments

Why Dollar Tree, Tractor Supply, and BJ's Wholesale Club Stocks All Fell Today

Demitri Kalogeropoulos, The Motley Fool
·2 min read
Why Dollar Tree, Tractor Supply, and BJ's Wholesale Club Stocks All Fell Today

Wednesday was a rough day for investors in many retailing stocks. Dollar Tree (NASDAQ: DLTR), Tractor Supply (NASDAQ: TSCO), and BJ's Wholesale Club (NYSE: BJ) shares each fell by more than 10% by 12:30 p.m. ET, compared to a 2.7% slump in the S&P 500. The retailing segment seemed to drive the decline in the wider market, and that pressure came from tough earnings news out of Target (NYSE: TGT), one of the industry's biggest players.

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