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Tag: plummets

Five Below plummets, and technician backs competitor stock as buy

Five Below had a chilling day to begin the week. The discount retailer plummeted 11% on Monday in its worst performance since 2015. Ari Wald, head of technical analysis at Oppenheimer, says the discount retail space looks weak here, but there is one name he’d bet on. “The group as a whole has really been …

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