Why Dollar General Stock Was Gaining Today
Shares of Dollar General (NYSE: DG) were on the rise today as the discount retailer got an upgrade from Wells Fargo. The retailer has emerged as one of several brick-and-mortar chains that is well-equipped for the coronavirus crisis, as it sells consumables like canned food, paper products, and cleaning supplies, and is known for its discount prices.
Today's upgrade only burnishes those credentials. As of 2:52 p.m. EDT, the stock was up 5.1%.
Image source: Dollar General.
Source Fool.com