Dollar Tree announced in June that it’s looking to sell or spin off Family Dollar, a brand it acquired in 2015 for roughly $9 billion. We break down why Family Dollar has struggled to increase sales for years. Photo: Associated Press
TJX provides an example of swing trading after an earnings gap. This latest report saw TJX jump 7.5% at its peak after its earnings report (2). By the end of the day, it was at the lows of its trading range and up only 3.5%.
Recently, Zacks.com users have been paying close attention to TJX (TJX). This makes it worthwhile to examine what the stock has in store.