Is anyone aware of news that would explain DLTR's greater decline over the last six months than its peers, DG and FDO? I can understand a rotation in investor sentiment out of the dollar stores, but if one charts DLTR's stock performance versus that of DG and FDO over the lat 6 month, 3 month, 1 month and 5 day periods, DLTR is dead last of the three in each period, whereas it generally was at the top of the heap over 12-month and longer periods. Its PE ratio of 20 is only slightly higher than that of its peers (19 for DG and 18 for FDO), and its PEG ratio is midway between that of its two peers. I just don't see why it has fared so much worse than its peers recently. Can anyone explain it?
I don't think there is any news. The patterns in the stocks are similar except for whatever reason, when FDO and DG bounced when they were oversold, they broke through resistance to at least some support. When DLTR rises it hits resistance and falls back. Myself I think it's the work of a hedgefund in at least DG, because I was watching DG when it took off for no good reason on August 30. Like a rocket straight up. I think someone was making the shorts cover and dumped it the next day. I think you can pretty much throw fundamentals out the window for awhile.