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.
The Home Depot, Keysight Technologies, BJ's Wholesale Club Holdings, Lowe's Companies, and CAE are part of Zacks top Analyst Blog
Applied Materials' (AMAT)) fiscal second-quarter earnings are expected to reflect gains from strong memory, solid AI and Big Data efforts, and 5G prospects.