Why Dillard's, Inc. Stock Rallied 18% Last Month
Shares of Dillard's Inc. (NYSE: DDS) were roaring higher after the department-store chain posted a better-than-expected third-quarter earnings report at the beginning of the month. The company then rode a bullish retail wave at the end of the month on strong Black Friday numbers across the industry.
According to data from S&P Global Market Intelligence, the stock finished November up 18%. As the chart below shows, Dillard's shares jumped on two separate occasions over the course of the month.
Source: Fool.com
Dillards A Stock
€412.00
-0.490%
Our community is currently high on Dillards A with 3 Buy predictions and 1 Sell predictions.
On the other hand, the target price of 175 € is below the current price of 412.0 € for Dillards A, so the potential is actually -57.52%.
