From Yahoo Finance: 2025-03-28 04:26:00

On Thursday, Dollar Tree Inc. (DLTR) surged 11.18% to $76.95 after announcing the sale of its struggling Family Dollar unit for $1 billion, positioning it for future success. The sale, though an 88% discount from its 2015 acquisition cost, is expected to unlock value for shareholders. The transaction is set to close in Q2.

DLTR ranks as the 4th top performer on Thursday’s list of stocks defying market uncertainties, driven by its strategic move to divest Family Dollar. While DLTR shows promise, some AI stocks may offer greater returns in a shorter timeframe. Investors seeking a promising AI stock trading at less than 5 times its earnings can explore our report on the cheapest AI stock.



Read more at Yahoo Finance: Why Dollar Tree Inc. (DLTR) Surged On Thursday?