Five Below Aktie

Five Below für 0 Euro bei ZERO ordern (zzgl. Spreads)

WKN DE: A1JZ18 / ISIN: US33829M1018

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02.10.2024 20:52:29

Why Five Below Stock Jumped 17% in September

Shares of retail chain Five Below (NASDAQ: FIVE) jumped 17.1% during September, according to data provided by S&P Global Market Intelligence.But context is important here: The stock was down more than 30% from the start of July through the end of August. It had also lost about 60% of its value in 2024 prior to September. So it only slightly bounced back from an otherwise dismal performance lately.Five Below has plummeted for a variety of reasons. For starters, it hasn't been a great year for sales -- the company's same-store sales dropped by 4% in the first half of 2024 compared with the same period of 2023. Moreover, net income is down 23%. And to add an extra dose of uncertainty, its CEO abruptly resigned in July, leaving the company to scramble for a new leader.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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Five Below Inc 51,66 -19,05% Five Below Inc