Top Stock Movers – June 05, 2025
U.S. stocks climbed in midday trading Thursday after former President Donald Trump announced renewed trade talks with Chinese President Xi Jinping, lifting investor sentiment across Wall Street. The Dow, S&P 500, and Nasdaq all advanced following the remarks.
Dollar Tree (DLTR) rebounded sharply after JPMorgan upgraded the stock and raised its price target, citing improved confidence in the retailer’s long-term trajectory. The upgrade helped DLTR recover from Wednesday’s sharp decline.
Five Below (FIVE) surged after the discount chain posted stronger-than-expected earnings and revenue. The company raised its guidance on the back of increased transactions and strong sales from new store openings.
Tractor Supply (TSCO) also saw gains, buoyed by a positive growth outlook delivered by executives at Baird’s Consumer, Technology & Services Conference.
In contrast, Brown-Forman (BF.B) plunged, becoming the S&P 500’s worst performer. The Jack Daniel’s maker warned of “an exceptionally challenging macroeconomic environment” that could weigh heavily on its financial results over the next year.
PVH Corp. (PVH), parent company of Calvin Klein and Tommy Hilfiger, saw shares drop after warning that full-year profit would take a hit due to newly imposed U.S. tariffs.
Shares of Kimberly-Clark (KMB) edged lower as the company sold a majority stake in its international tissue business to Brazilian paper giant Suzano.
Share This:
-
PrevoiusYou are viewing Most Recent Post
-
Next
No Comment to " Top Stock Movers – June 05, 2025 "