Why Dillard's Stock Dropped 12.3% This Week

Dillard's Inc. (NYSE: DDS) saw its stock price fall 12.3% this week from last Friday's close through noon EST today, according to S&P Global Market Intelligence. The stock is trading at about $357 per share, up 10.4% year to date.

All of the major market indexes were down this week, as the S&P 500 fell 2.7%, the Dow Jones Industrial Average plunged 3%, and the Nasdaq Composite tumbled 3.3% as of Friday at noon EST.

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Source Fool.com