Dollar Tree Spikes on Reported Carl Icahn Stake [MSN Money]
Dollar Tree, Inc. (DLTR)
Last dollar tree, inc. earnings: 3/4 07:30 am
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Source: MSN Money
© TheStreet Dollar Tree Spikes on Reported Carl Icahn Stake Dollar Tree may have a big backer in billionaire activist investor Carl Icahn, and that is sending the stock higher Tuesday. Load Error Dollar Tree shares were up nearly 6% Tuesday after the New York Post reported that Icahn has been quietly building a stake in the struggling discount retailer . The stock has fallen about 25% year to date. Icahn's General Counsel Jesse Lynn declined to comment on the New York Post story, and told TheStreet that he didn't know where the Post got its story from. This isn't Icahn's first foray into the dollar retail space. In 2014, Icahn built a large stake in Family Dollar before pressuring the company to find a buyer. That buyer would eventually be Dollar Tree, which paid $8.5 billion for the company. Icahn's firm reportedly made a profit of about $200 million from the deal. Dollar Tree acquired Family Dollar in 2015. Last week, Dollar Tree announced plans to hi
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News
- These 12 BJ's Wholesale Club Brands Are Worth Every Penny [Yahoo! Finance]Yahoo! Finance
- 9 Items Worth Buying at Dollar Tree on a Middle-Class Budget [Yahoo! Finance]Yahoo! Finance
- 10 Best Affordable Items Coming to Dollar Tree in 2024 [Yahoo! Finance]Yahoo! Finance
- 7 Cheap Ikea Products That You Should Avoid Buying [Yahoo! Finance]Yahoo! Finance
- Family Dollar shuts down near three dozen Ohio stores, including 3 in Butler County [Yahoo! Finance]Yahoo! Finance
DLTR
Earnings
- 3/13/24 - Miss
DLTR
Sec Filings
- 4/4/24 - Form 4
- 4/3/24 - Form 4
- 4/3/24 - Form 4
- DLTR's page on the SEC website