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Leo Miller

Why Dollar Tree’s Family Dollar Sale Could Spark a Comeback

Dollar Tree Family Dollar DLTR MarketBeat

[content-module:CompanyOverview|NASDAQ:DLTR]

Dollar Tree (NASDAQ: DLTR) just basked in the sun for the first time in a long time. On Mar. 27, shares of Dollar Tree rose by over 11%. This marks the first day since late May 2022 that the stock was up by over 10%.

This big day comes after the retail company agreed to sell its deeply struggling Family Dollar segment for $1 billion. The company is losing billions on this sale after originally buying Family Dollar for $9 billion.

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