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Why Dollar Tree Stock Popped Today

TheMotleyFool

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Shares of Dollar Tree (NASDAQ: DLTR) were moving higher today after the discount retailer posted better-than-expected results in its first-quarter report. The strong performance during the pandemic-afflicted period was led by the Family Dollar brand, which is focused more on essential goods like food and cleaning products, while results lagged at Dollar Tree stores.

The stock was up 10.9% as of 9:52 a.m. EDT.

Image source: Getty Images.

Source Fool.com

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