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Is Dollar General’s trouble a hint at a market crash? | 9.23.24 OVTLYR Trading Room
In this video, we break down the financial struggles hitting Dollar General and what that means for the broader economy. Dollar General, which usually attracts low-income shoppers, is seeing a steep decline in both its stock and customer base. The company’s stock has dropped almost 50%, falling from $150 down to around $82 in just a few months. That’s a huge loss for a store built around offering budget-friendly goods. Meanwhile, Walmart is on the rise. As Dollar General’s stock tanks, Walmart’s continues to climb steadily. With more people turning to Walmart for groceries and other…
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